Hundreds of Americans and American businesses gave money to porn lawyer Michael Avenatti to form a PAC to help Democrat candidates win election to face down Donald Trump and Republicans. But instead of helping candidates, it appears that Avenatti used the money as a personal slush fund for his own expenses.
If prosecutors fully prove this contention, it is just one more example of what a con man Avenatti really is.
For those unaware, a PAC (Political Action Committee) collects donations to help political candidates or causes. But those organizing such donor pools are not supposed to use the cash to pay for their personal expenses.
According to the Washington Free Beacon:
Avenatti launched his PAC, the Fight PAC, last summer as he was contemplating a presidential run to help Democratic candidates with “the size and presence to really fight back and advocate for a position of strength as opposed to weakness.”
According to records, the PAC took in $113,000 between August 2018 to Dec. 31, 2018. But, during that time, Avenatti reported expenditures of $101,000, almost all the money, though, went to pay for Avenatti’s travel expenses, high-end hotels and other luxury items.
Free Beacon adds:
Avenatti reimbursed himself $31,776.78 last October for the likes of food, beverage, lodging, and transportation through three separate transfers, filings show. The amount Avenatti spent so far this year is not yet known, as FEC filings for the first quarter are not due until April 20.
Some of the luxury hotels Avenatti stayed in using the PAC cash were in five-star locations such as Jefferson Hotel in D.C., Park Hyatt in New York, Hyatt Regency Cambridge in Maryland, and the Condado Plaza Hilton in Puerto Rico.
It is all just one more example of what a crook and con man this guy really is.
This week, the porn lawyer was charged with fraud and extortion for trying to extort $25M from Nike to keep quiet about a “college basketball scam” and then ripping off his own client.
When he was arrested for the alleged extortion plot against sportswear giant Nike, he was also hit with bank and wire fraud charges.He could face years in prison if convicted.
Follow Warner Todd Huston on Twitter @warnerthuston.