Michael Avenatti, the disgraced anti-Trump lawyer, has now admitted to many counts of fraud.

Avenatti has entered a guilty plea to a lesser-known California case that may land him in prison for the rest of his life.

51-year-old Avenatti is already serving five years in prison for two other cases.

For stealing $300,000 from his former client Stormy Daniels, he was found guilty of fraud and identity theft.

In addition, he was found guilty of attempting to extort $25 million from Nike Inc.

Avenatti is already facing five years in prison for earlier convictions and could get another 300 for the 36 criminal charges in the California case. Deception of the IRS, theft of millions of dollars from clients, and bank fraud are among the charges.

Avenatti claimed he wanted to plead guilty to be “accountable; take responsibility; avoid further burdening his former clients; save the court and the government enormous resources, and save his family further shame” in a court filing in Santa Ana.

“Mr. Avenatti wishes to plea in order to be accountable; accept responsibility; Avoid his former clients being further burdened; Save the court and the government significant resources; And save his family from further embarrassment,” the court filing said.

Prosecutors, on the other hand, aren’t biting, which means he’ll be put up for a long time.

Avenatti’s lawyers said, “Defendant has been unable to reach a plea agreement with the government.”

 According to CNN:

In 2019, Avenatti was indicted on multiple charges of defrauding his clients. According to the indictment, beginning in 2015, Avenatti executed a scheme to defraud five clients, one of whom was a paraplegic from whom Avenatti allegedly withheld a settlement payment of $4 million.

After Avenatti negotiated settlements for the clients that required payment to go to them, he would lie to the clients about the terms of the settlements, instead depositing the funds into attorney trust accounts he controlled, the indictment says.

He would then embezzle and misappropriate those funds, according to the indictment, and to prevent discovery of his scheme, he would tell clients the settlement proceeds hadn’t yet been paid, among other tactics.

Avenatti is currently serving a five-year prison sentence for the Daniels’ theft and for attempting to extort millions of dollars from Nike by threatening to go public with negative information unless he was paid.

Sources: Conservativebrief, Usnews, CNN

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