Michael Avenatti Charged With Fraud, Stealing From Ex-Client Stormy Daniels in New Indictments
Prosecutors alleged that Avenatti forged Clifford's name on a letter to her literary agent, instructing two payments of nearly $150,000 to be sent to a bank account under Avenatti's control.
May 22, 2019 at 05:42 PM
5 minute read
Federal prosecutors in Manhattan on Wednesday announced they have charged Michael Avenatti with fraud and aggravated identity theft for allegedly stealing nearly $300,000 from his former client and adult film star, Stephanie Clifford, who performs under the name Stormy Daniels.
In an unsealed federal indictment, prosecutors said that Avenatti had stolen a “significant portion” of an advance Clifford was being paid on a book deal.
Prosecutors alleged that Avenatti forged Clifford's name on a letter to her literary agent, instructing two payments of nearly $150,000 to be sent to a bank account under Avenatti's control. According to the indictment, Clifford did not know about the bank account, and half of the diverted sum has yet to be repaid.
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