On Thursday, L.A. Times journalist Michael Finnegan reported that Michael Avenatti has been indicted on 36 federal charges:
Breaking: A federal grand jury in California has indicted Michael Avenatti on 36 counts. US Atty Nick Hanna & the I… https://t.co/zn6Q4XhKyS— Michael Finnegan (@Michael Finnegan)1554987919.0
It is unclear the exact nature of the charges, but they appear to be related to tax law.
In late March, Avenatti was arrested on federal bank fraud and wire fraud charges for allegedly trying to extort the Nike corporation for $20 million, embezzling a client's money to pay his personal debts, and defrauding a bank in Mississippi by providing false tax returns to obtain a loan.
These existing charges already carry a maximum sentence of 50 years in prison.
Avenatti gained national attention as the lawyer for Stormy Daniels, the porn star with whom President Donald Trump's former personal attorney Michael Cohen brokered an illegal hush money agreement. Cohen faces a three year prison sentence for his role in that scheme, which is still under investigation by federal prosecutors with the Southern District of New York.