Michael Avenatti says he will plead not guilty to fraud charges in California
by threatening to expose alleged evidence of bribing amateur basketball players and their families unless the company paid up.
A separate federal complaint was filed in Los Angeles the same day of his arrest, alleging Avenatti tried to embezzle his clients' money to pay his and his companies' "expenses and debts," as well as attempting to execute a wire fraud scheme against a bank. Avenatti said in the tweet that he is entitled to the presumption of innocence and will be limiting further public statements about the cases against him until trial.Avenatti faces a maximum possible sentence of 333 years in prisonAvenatti gained national attention as the pugnacious and media-friendly legal representative of Stormy Daniels, the adult film star and director who alleges she had a sexual encounter with Trump years before he became president.
Daniels, with Avenatti, sued Trump and his former attorney, Michael Cohen, to void a $130,000 hush-money agreement she signed shortly before the 2016 presidential election barring her from discussing that alleged dalliance. Trump denies he had sex with Daniels. Daniels and Avenatti had filed a separate defamation suit against Trump after he suggested that she had lied about being threatened in a Las Vegas parking lot to keep her mouth shut about the alleged tryst. Daniels lost that defamation suit and was ordered in December to pay Trump nearly $300,000 in legal fees.
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