According to a press release from the U.S. Attorney's Office, Michael Avenatti pleaded guilty to federal fraud and tax charges that alleged he stole millions of dollars from his clients. Once known as an outspoken Donald Trump critique and potential 2020 presidential contender, Avenatti pleaded guilty to four counts of wire fraud and one count of obstructing the administration of the Internal Revenue Code.
U.S. District Judge James V. Selna scheduled a sentencing hearing for later this year. Avenatti faces a statutory maximum sentence of 83 years in federal prison. Despite his guilty plea, Avenatti still faces an additional 31 federal charges. The prosecution will evaluate whether or not it still wishes to pursue prosecution in light of Avenatii's guilty plea.
If you have been charged with a federal offense, then contact us today to schedule a free consultation with an experienced federal crimes defense attorney.