10-22-2018, 10:44 AM
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From the Daily Beast. This is a good deep dive into what a grifter this character is. All this information has been available for months. They’re free to go into it now because they no longer find him useful for their cause. This is what passes for a Dem hero these days.
Quote:On the Fourth of July, Michael Avenatti suited up for a CNN interview and floated his name as a contender against President Trump in 2020.
Asked why he’d be qualified, Avenatti told anchor Jim Sciutto, “Because I have three things that this president lacks, Jim—brains, heart and courage. And I think I have those in spades compared to this president.”
Scuitto then told Avenatti he’d face scrutiny over his finances, including his former law firm’s then-unpaid $2.4-million bill to the IRS. “You know, look, I’ll be happy to put my tax records and background up against the president’s background and his tax records. Of course, he won’t release any of that information,” Avenatti replied, before changing the subject to his political platform.
Now Avenatti, the tenacious California litigator made famous for representing Stormy Daniels in her legal tangles with President Trump, is gearing up for a 2020 presidential run, stumping across the country and raising cash with his new political action committee, Fight PAC.
But the questions over his finances remain—and could become a sore spot on the campaign trail, as creditors pursue him and his former companies. Both the Eagan Avenatti law firm and a shuttered Seattle coffee chain, which Avenatti says he no longer owns, owe millions in unpaid taxes and judgments, according to court documents and filings with local recorder’s offices.
Tax liens filed in Orange County also show that Avenatti has personally owed at least $1.2 million in federal taxes on top of the corporate debts. One lien, filed in February 2018, was for $308,396, while another filed in August 2015 showed a balance of $903,987. The Daily Beast did not find records showing the liens were released, but Avenatti claims both debts were “fully paid.”
Civil court filings paint a picture of Avenatti as a hard-charging attorney who enjoyed the luxe life—jetting around the world to race cars with a Saudi prince and treating his wife and their friends to luxury villas in Cabo San Lucas, Mexico. Yet he and his companies owed hundreds of thousands in unpaid taxes and in compensation to one former colleague, who claims Avenatti stiffed him out of millions in law-firm profits.
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