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Avenatti In Debt $15-Million When He Extorted Nike

Video Credit: Wochit - Duration: 00:33s - Published
Avenatti In Debt $15-Million When He Extorted Nike

Avenatti In Debt $15-Million When He Extorted Nike

According to Business Insider, Michael Avenatti is facing more legal woes.

Prosecutors say Avenatti was over $15 million in debt when he tried to extort up to $25 million from Nike.

Avenatti's lawyers say the money he legally requested to conduct an internal probe of the sportswear giant was a bargain.

In New York, he faces allegations he defrauded ex-client porn star Stormy Daniels out of proceeds of a book deal.

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