Michael Avenatti Allegedly Attempted to Extort Nike for Over $20 Million

The lawyer was arrested today for charges including bank fraud

Michael Avenatti, known for representing adult film star Stormy Daniels, alleged a college basketball scheme on Twitter. Getty Images

Michael Avenatti, the lawyer best known for representing adult film star Stormy Daniels in a lawsuit against President Donald Trump, has been arrested for attempting to extort $22.5 million from Nike, according to a complaint filed in New York today by the Federal Bureau of Investigation.

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@KristinaMonllos kristina.monllos@adweek.com Kristina Monllos is a senior editor for Adweek.