The indictment said that Avenatti had embezzled money from a client and had defrauded a Mississippi bank by submitting false tax returns to obtain more than $4 million in loans. Prosecutors also alleged that Avenatti had not filed personal tax returns for the years in question.
How much is Avenatti owed?
According to the Daily Beast, “tax liens filed in Orange County [California] … show that Avenatti has personally owed at least $1.2 million in federal taxes on top of the corporate debts.”
Where does Avenatti live?
Avenatti’s ex-wife, the Daily Beast reported, said Avenatti’s legal earnings paid for a lavish lifestyle that include “a multimillion-dollar home in Newport Beach, international and domestic travel via private jet, and a collection of art and exotic cars.”
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