2,473
 

Michael Avenatti embezzled $2.75M from NBA Hassan Whiteside's ex & $4M from Michelle Phan


 


section   (0 bx goons and 1 bystanders) Share this on Twitter       Share this on Facebook
 

 4 weeks ago '09        #1
3355 page views
69 comments


The Bully 461 heat pts461
space
avatar space
space
$58,406 | Props total: 91251 91251
Michael Avenatti embezzled $2.75M from NBA Hassan Whiteside's ex & $4M from Michelle Phan
 

 
image image


When Hassan Whiteside of the Miami Heat wired $2.75 million to Michael Avenatti in January 2017, the pro basketball player intended most of the money to go to his former girlfriend, Alexis Gardner.

Avenatti was Gardner’s attorney. An actress and barista, she’d hired him just a few weeks before to negotiate a settlement of a potential lawsuit against Whiteside. It’s unclear what she would have alleged. Avenatti quickly struck a $3 million deal, and the $2.75 million was Whiteside’s first payment.

Avenatti, prosecutors say, was entitled to take just over $1 million in legal fees, leaving the rest for Gardner.

Instead, they allege, Avenatti hid Whiteside’s payment from her and immediately took $2.5 million to buy a share of a private jet.

The full story of Avenatti’s alleged embezzlement from Gardner came to light in bank records and in the April 10 indictment of the Los Angeles lawyer by a federal grand jury in Santa Ana.

The 36-count indictment, which spans an array of alleged financial crimes, identifies Whiteside as “Individual 1” and Gardner as “Client 2.”

“We entered into a mutually agreed upon settlement more than two years ago following the end of our relationship; a settlement that reflected Alexis’ investment of time and support over a number of years as Hassan pursued a career in the NBA,” Whiteside and Gardner told the Los Angeles Times in a statement released by his agent.

“It is unfortunate that something that was meant to be kept private between us is now being publicly reported. We have both moved on amicably and wish nothing but the best for each other.”

Gardner is one of five clients whose money prosecutors say Avenatti stole. One of the others, Geoffrey Ernest Johnson, was a mentally ill paraplegic on disability who won a $4 million settlement, but received just $124,000 from Avenatti.

The grand jury alleges that Avenatti embezzled about $4 million from another client, Michelle Phan, a makeup artist with 8.8 million YouTube followers.

Avenatti is also charged with dodging taxes, bank fraud, perjury and bankruptcy fraud. In a separate federal case in New York, Avenatti is accused of extortion and conspiracy in his alleged shakedown of Nike, the sportswear giant.

If convicted on all charges on both coasts, he faces a maximum penalty of 382 years in prison. Avenatti has denied wrongdoing.

“No monies were ever embezzled from anyone and I look forward to all of the relevant documents and facts being presented at trial,” he said Sunday morning by email.

Citing his record of big verdicts and settlements, he said, “the clients complaining are a very small fraction of the thousands of clients I have serviced over my nearly 20 year career.”

Gardner, 27, graduated in 2013 from Marshall University in West Virginia, where Whiteside played basketball in 2009 and 2010. Her Facebook page includes several posts about Whiteside in 2014.

She moved to Miami a few months after Whiteside joined the Heat in late 2014. She has also lived in Los Angeles.

Whiteside, 29, played for the Sacramento Kings before he joined the Miami team. In 2016, he re-signed with the Miami Heat for four years in a deal worth $98 million.

Gardner’s settlement with Whiteside — Avenatti never gave her a copy — required the basketball player to pay her $2.75 million in January 2017, then the remaining $250,000 on Nov. 1, 2020, the indictment says.

Whiteside wired the $2.75 million on Jan. 25, 2017, to a client trust account at Eagan Avenatti. Rather than taking his fee of about $1 million, plus expenses, Avenatti kept all the money and misrepresented the settlement’s terms to Gardner, according to the indictment.

He told her the initial payment was entirely for attorney fees, and her money would be split into 96 monthly payments over the next eight years, prosecutors say.

The State Bar of California requires attorneys to promptly notify a client when they receive settlement funds. After deducting their fees and expenses, lawyers must turn over the money at the client’s request.

The day after receiving the wire transfer from Whiteside, Avenatti shifted $2.5 million to a bank account of X-Law Group, the Echo Park firm of his close a*sociate Filippo Marchino, bank records show.

At Avenatti’s instruction, according to prosecutors, Marchino immediately wired the $2.5 million to Honda Aircraft Co., LLC, for the purchase of Avenatti’s half share of a small HA-420 jet.

“At no time was Mr. Marchino or any member of The X-Law Group aware of the true source of the funds that were wired or the fraud that Avenatti was committing,” said David W. Gammill, a lawyer for Marchino and his firm.

Marchino, who now represents Gardner, was outraged by the allegations and will a*sist her “in the pursuit of her stolen money,” Gammill said. Marchino and his co-workers at X-Law Group “hope all victims of Avenatti, including themselves, can be made whole.”

Avenatti wound up making 11 payments to Gardner, misrepresenting them as Whiteside’s monthly installments, according to the U.S. attorney’s office in Los Angeles. By the time the payments stopped in June 2018, Avenatti had given her about $194,000, prosecutors say.

For the next nine months, they allege, Avenatti deceived Gardner, telling her that Whiteside was breaching the settlement by skipping payments.

Last month, the day before FBI agents arrested him in New York, Avenatti met with Gardner at his apartment in Century City and told her Whiteside would soon make up for all the missed payments, according to the indictment.

Within hours of his arrest, U.S. Treasury Department agents executed search warrants at Avenatti’s apartment and the Echo Park office he shares with Marchino.

Agents also showed up at Santa Barbara Airport to seize the six-seat jet — just as the plane’s co-owner, infrared technology mogul William J. Parrish, was about to climb aboard for a flight.

Parrish has been tangled in years of legal disputes with Avenatti, his former attorney. Parrish sued him and won a $2.1 million judgment last year after Avenatti failed to repay a 2013 loan and did not show up in court to defend himself. Avenatti is appealing the judgment.

“Mr. Parrish was shocked when he arrived to use his jet and found out it was being seized by the IRS,” said Parrish’s attorney, Larry Conlan. “He already feels like he’s been victimized by Avenatti, and now he is being victimized again with the seizure of his property.”

Avenatti recalled that when he was Parrish’s lawyer, he won a $39 million settlement for him and a business partner.

“He has hardly been victimized,” Avenatti said.




visit this link https://www.latimes.com/p .. 421-story.html
+8   

69 comments for "Michael Avenatti embezzled $2.75M from NBA Hassan Whiteside's ex & $4M from Michelle Phan"

 4 weeks ago '09        #2
The Bully 461 heat pts461 OP
space
avatar space
space
$58,406 | Props total: 91251 91251

what dirt he got on Wiltside? @
+9   

 4 weeks ago '17        #3
Lite 25 heat pts25
space
avatar space
space
$6,031 | Props total: 14918 14918
What could you possibly do that warrants getting sued by your ex and dishing out 3 mil?

Sounds like he may have recorded her bussin it open "w/o her permission"


Links?

+13   

 4 weeks ago '18        #4
Sandyy 5 heat pts
space
avatar space
space
$3,096 | Props total: 10079 10079
Whiteside prob beat her up so what he paid up. Throw pr0n lawyer in prison n1curr

 4 weeks ago '08        #5
BuffaloSouldier 2 heat pts
space
avatar space
space
$5,929 | Props total: 7560 7560
Smh@Whiteside dumb a*s.

Lawyer is a ho' talking about I look forward..he need to look forward to that time he about to do instead of trying to drag down a former client.
+7   

 4 weeks ago '09        #6
The Bully 461 heat pts461 OP
space
avatar space
space
$58,406 | Props total: 91251 91251
 Lite said
What could you possibly do that warrants getting sued by your ex and dishing out 3 mil?

Sounds like he may have recorded her bussin it open "w/o her permission"


Links?

domestic abuse
abortion
rape
s*x tape


hopefully it's the last one, I need a new flick to watch
+5   

 4 weeks ago '17        #7
Lite 25 heat pts25
space
avatar space
space
$6,031 | Props total: 14918 14918
 The Bully said
domestic abuse
abortion
rape
s*x tape


hopefully it's the last one, I need a new flick to watch
I think youre looking at jail time nevermind a lawsuit for 3 out of 4

+6   

 4 weeks ago '09        #8
The Bully 461 heat pts461 OP
space
avatar space
space
$58,406 | Props total: 91251 91251
 Lite said
I think youre looking at jail time nevermind a lawsuit for 3 out of 4

+1   

 4 weeks ago '08        #9
Arson 84 heat pts84
space
avatar space
space
$43,238 | Props total: 33994 33994
sh*t. Hopefully this doesn't influence him to opt in to his Heat deal out of fear of the case details making teams pass on signing him.

Heat can't catch a fu*kin break man
+9   

 4 weeks ago '18        #10
prettygirlmafia 21 heat pts21
space
avatar space
space
$121 | Props total: 1769 1769
God dam...that's one grime a*s lawyer. alot of these lawyers/accountants/bizz managers these athletes/celebs hire be fu*kin em over. Ol boy was grimey af. He even took the lil handicapped guys coins. Lol

Oon...just think of thee amount of girls that be coming up off of celebs/athletes on the low with these hush money million dollar secret settlements. These guys are clowns fr fr. Mafuccas be fu*kin up so much doe fu*kin with thots. fu*kin Simps lmfao
+11   

 4 weeks ago '04        #11
LordBlanco|M 55 heat pts55
space
avatar space
space
$37,389 | Props total: 28025 28025
"Gardner is one of five clients whose money prosecutors say Avenatti stole. One of the others, Geoffrey Ernest Johnson, was a mentally ill paraplegic on disability who won a $4 million settlement, but received just $124,000 from Avenatti."

What a piece of sh*t this guy is.... Hope they lock him away for life, make an example out of this c*nt.
+10   

 4 weeks ago '05        #12
Wondah_Woman 9 heat pts
space
avatar space
space
$5,389 | Props total: 11173 11173
 LordBlanco said
"Gardner is one of five clients whose money prosecutors say Avenatti stole. One of the others, Geoffrey Ernest Johnson, was a mentally ill paraplegic on disability who won a $4 million settlement, but received just $124,000 from Avenatti."

What a piece of sh*t this guy is.... Hope they lock him away for life, make an example out of this c*nt.
And this dude was in all these news cable shows calling out Trump and acting as if he was somehow different from him. Scums knows scum I guess.
+7   

 4 weeks ago '04        #13
therealness 5 heat pts
space
avatar space
space
$6,255 | Props total: 5365 5365
These athlete's be dumber than dumb
+4   

 4 weeks ago '16        #14
BXoldestgoon 45 heat pts45
space
space
space
$2,152 | Props total: 11950 11950
This the same dude that’s representing the ladies against R-Kelly right? I hope that don’t help Kelly get off man smh. Also Whiteside is such a d*ckhead. I truly wonder what he did? That’s a big sum. Also believe he’s definitely gonna opt into that contract now. Sorry Heat fans.
-2   

 4 weeks ago '05        #15
Tha Boss 60 heat pts60
space
space
space
$26,109 | Props total: 52969 52969
 The Bully said
domestic abuse
abortion
rape
s*x tape


hopefully it's the last one, I need a new flick to watch
What the ex look like or do it matter
+1   

 4 weeks ago '09        #16
The Bully 461 heat pts461 OP
space
avatar space
space
$58,406 | Props total: 91251 91251
 Tha Boss said
What the ex look like or do it matter

[instagram - click to view]



[instagram - click to view]



[instagram - click to view]


I wouldn't mind seeing her get her pink slit cracked open by Hassan's Miami Meat
+3   

 4 weeks ago '07        #17
JamcnPrettyboy 103 heat pts103
space
avatar space
space
$24,945 | Props total: 11580 11580
That is a lot of money to be settling out of court for. He must've really wanted to cover up this story.

Harvey Weinstein wasn't even giving 7 figure settlements for the bi*ches he r*ped.
+6   

 4 weeks ago '12        #18
Steelgrip 1 heat pts
space
avatar space
space
$6,270 | Props total: 10180 10180
 BXoldestgoon said
This the same dude that’s representing the ladies against R-Kelly right? I hope that don’t help Kelly get off man smh. Also Whiteside is such a d*ckhead. I truly wonder what he did? That’s a big sum. Also believe he’s definitely gonna opt into that contract now. Sorry Heat fans.
Avenatti said all the women were lying about their experiences with R Kelly I believe in secretly recorded tapes.

Same tape conversation he said Nike paid Zion Williamson.
+4   

 4 weeks ago '12        #19
TheThreadLord 1782 heat pts1782
space
space
space
$10,767 | Props total: 5612 5612
The heat should of got rid of him long time ago.

I listen to dan le batard show everyday. Dan told this story whiteside left his gun in his unlocked car. And someone took the gun
+2   

 4 weeks ago '04        #20
PrisonRules 75 heat pts75
space
avatar space
space
$29,139 | Props total: 9292 9292
Super crook Avenatti been trying to expose everyone else. Smh


Last edited by PrisonRules; 04-21-2019 at 06:22 PM..
+1   

Top 10 most slapped recently  4 weeks ago '19        #21
Angry Yam 97 heat pts97
space
avatar space
space
$1,880 | Props total: 4527 4527
 therealness said
These athlete's be dumber than dumb
pu**y feels good af n*gga idgaf
+2   

 4 weeks ago '17        #22
King3X 6 heat pts
space
avatar space
space
$2,516 | Props total: 10256 10256
Can't stand this scumbag. I hope he gets what's coming to him.
+3   

 4 weeks ago '16        #23
@MR SMOOTH$ 9 heat pts
space
avatar space
space
$2,143 | Props total: 6007 6007
Man this dude is a piece of sh*t
Taking money from a mentally ill paraplegic

Remember lawyers are greedy to

Always have two of them one lawyer for the case and another lawyer for the lawyer
+5   

 4 weeks ago '17        #24
Pretty Tone 3 heat pts
space
avatar space
space
$7,852 | Props total: 22536 22536
Sicko stole 4 mil from a mentally ill disabled man
+3   

 4 weeks ago '17        #25
sedwards 14 heat pts14
space
avatar space
space
$10,401 | Props total: 7331 7331
 Arson said
sh*t. Hopefully this doesn't influence him to opt in to his Heat deal out of fear of the case details making teams pass on signing him.

Heat can't catch a fu*kin break man


@ why'd you have to break this news
+2   

Home      
  





 


 
 




most viewed right now
+57online now  21
Image(s) inside WOW: Dr. DRE Get EXPOSED For CLOUT CHASING OFF NIPSEY HUSSLE! Ignored ..
175 comments
19 hours ago
@hiphop
most viewed right now
+52online now  19
Image(s) inside It’s Time For That Upgrade!
65 comments
2 days ago
@thotsdimesetc
most viewed right now
online now  13
Report: Google to cease business w/ Huawei, pull Play Store, Google apps, Andr..
42 comments
2 days ago
@tech
most viewed right now
+48online now  12
Image(s) inside This The Chick Kevin Hart Risked It All For?
74 comments
2 days ago
@thotsdimesetc
back to top
register contact Follow BX @ Twitter Follow BX @ Facebook search BX privacy