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Avenatti Accused Of Secretly Keeping Some Money From His Client’s Settlement

BASTArd! Hey remember creepy porn lawyer Michael Avenatti? You haven’t heart much from him lately as even the hacks at CNN seem to have finally released the bald snake is too toxic, even for their fake news network. But he’s back in the news again, this time because he ‘allegedly’ kept secret money that he received from some of his previous clients settlements. This one isn’t about porn whore Stormy Daniels either. Michael Avenatti is basically the west coast version of Michael Cohen. As slimy as they come.

Avenatti Accused Of Secretly Keeping Some Money From His Client’s Settlement
Avenatti Accused Of Secretly Keeping Some Money From His Client's Settlement

Michael Avenatti is being accused of secretly keeping money from one of his clients after getting the client a settlement, spending the money on himself, then telling the client that the funds from the settlement had not been received yet. The client, Gregory Barela, said Avenatti “was operating his law firm in a Ponzi scheme like manner.”

According to The Daily Beast, Barela filed a statement of claims with Judicial Arbitration and Mediation Services (JAMS), a private arbitration organization, arguing that after Avenatti pocketed the money from the settlement, he turned around and offered to lend some of the funds back to Barela with 10% interest.

The claim, which was shown to The Daily Beast by Barela’s attorney, states, “Avenatti was operating his law firm in a Ponzi scheme like manner, taking settlement proceeds received for clients to pay off debts, pay the other individual Defendants’ salaries and bonuses, and fund his lavish lifestyle, while telling clients that the settlement proceeds had not been received or would be received at a later date.”