On Monday, federal authorities arrested Attorney Michael Avenatti, the former lawyer for adult-film star, Stormy Daniels. Sources reported that Avenatti was accused of trying to extort millions of dollars from the Nike corporation. Sources familiar with the investigation said that Attorney Mike Geragos is claimed to be the unnamed “co-conspirator” that was alleged to have been involved in the scheme with Avenatti. Later, sources claimed that the charges against Geragos were being dropped.
However, if the recent allegation is true, then the relationship between both attorneys had to have continued last week, when Avenatti and Geragos had allegedly made contact with Nike, threatening to expose confidential information of Nike employees for being involved in the funneling of payments to the top high school basketball players and their families.
The indictment alleges that both men demanded Nike to hire both to conduct an internal investigation into the issue for $15 million to $25 million.
“I do take seriously the idea that you’re not supposed to turn down a case just because of its notoriety,” Geragos mentioned once, to LA Times.