Attorney Michael Avenatti faces federalfraud charges in a case stemming from California. According to investigators, Avenatti misappropriated client funds to prop up a set of Tully’s coffee shops in California and Washington. In addition, Avenatti faces federal charges in New York for allegedly attempting to extort the sporting apparel company Nike.
In California, investigators say that Avenatti provided a Mississippi bank with fraudulent tax returns to secure a $4M loan. Avenatti sought the loan to support his company, Global Baristas, the operator of a chain of Tully’s Coffee shops. Tully’s Coffee stores closed in March for “rebranding.” Keurig, which owns the Tully Coffee brand, said Global Baristas’ licensing deal lapsed in 2017. In addition, creditors are seeking about $7.5M from the company for unpaid rent, bills and taxes.
Recently, a former partner successfully sued Avenatti for nearly $5 million after his firm failed to pay a debt. Last month, a federal bankruptcy judge also rejected a bankruptcy petition by Eagan Avenatti. The petition marked the second time in two years that the firm sought to declare bankruptcy. In that case, a former lawyer at the firm accused Avenatti of sheltering millions in assets from the bankruptcy trustee.
Los Angeles Fraud Lawyer
When you face charges for defrauding an individual, a corporation or the government, hire an experienced fraud lawyer like Robert Helfend. Mr. Helfend has nearly 35 years of experience in criminal defense. He takes federal cases in any circuit in the United States. He also takes state cases in Southern California courts.
Fraud cases may attract a lot of attention because they often involve huge dollar amounts. At its core however, fraud is a financial crime that violates both state and federal laws. Your best defense is to hire an experienced lawyer who will fight aggressively for you in court.
Federal prosecutors are well prepared and well-resourced. They’re often looking for an easy conviction. That’s why you need a lawyer who will fight tirelessly on your behalf. His first priority will be to get the charges against you reduced or dropped. When that’s not a possibility, he will work toward the best possible outcome for you.
Don’t rely on an inexperienced attorney to defend you in federal court. Contact Robert Helfend or call toll-free at (800) 834-6434, (310) 456-3317, (818) 591-2809 or (805) 273- 5611 for an immediate consultation on your Los Angeles County fraud case.
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