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Avenatti also offered to accept a $22.5 million payment for his silence, prosecutors said. A former executive at Nike rival athletic shoe maker Adidas was recently convicted in federal court in Manhattan of participating in a similar scheme, part of a sweeping probe by prosecutors of corruption surrounding the National Collegiate Athletic Association. The case has ensnared several prominent basketball coaches. In one call, Avenatti threatened, “I’ll go take ten billion dollars off your client’s market cap .. I’m not fucking around,” according to the complaint.
Geragos, who has represented celebrities such as Michael Jackson and Winona Ryder, is defending the actor Jussie Smollett, who is charged with falsely reporting he was the victim of a racially motivated attack in Chicago, It was not clear why Geragos has not been charged in the Nike case, “OLD-FASHIONED SHAKE-DOWN”, The charges came shortly after Avenatti said on Twitter he would tateossian concorde cufflinks hold a news conference on Tuesday to reveal “a major high school/college basketball scandal” reaching “the highest levels of Nike.”..
“A suit and tie does not mask the fact that, at its core, this was an old-fashioned shakedown,” Geoffrey Berman, the U.S. attorney in Manhattan, told a news conference. Nike said in a statement it “will not be extorted” and alerted investigators to Avenatti’s demands immediately. Federal prosecutors in California unveiled separate charges against Avenatti on Monday, accusing him of misusing a client’s $1.6 million settlement to pay for his own expenses as well as those for his coffee business.
He was also charged with defrauding a Mississippi bank of $4.1 million in tateossian concorde cufflinks loans by submitting false tax returns for 2011-2013 that inflated his income, Avenatti faces up to 30 years in prison on the most serious charge in California and up to 20 years for the top charge in New York, He gained international notoriety for representing Daniels, the porn star whom Trump is accused of paying off during the 2016 presidential campaign to keep quiet about an alleged affair, Trump has denied having an affair with Daniels, whose real name is Stephanie Clifford..
PARIS (Reuters) - High-end French department store Galeries Lafayette will open a new outlet on Paris’s Champs Elysees this week, aiming to lure big-spending tourists and trendy Parisians back to the tree-lined avenue that was once a byword for style. The opening comes as top-tier department stores are increasingly trying to pitch themselves as day-trip destinations to counter competition from online rivals such as Amazon and Net-a-Porter.com. “The store is a retail laboratory where we will test new practices,” said Nicolas Houze, head of the family-owned Galeries Lafayette group, which also owns retailer BHV Marais.
“It is a symbol of our ongoing transformation into an omni-channel retail leader,” he said of the March 28 opening, The four-story, 6,500-square-metre (70,000 square feet) store, in an Art Deco building once home to a Virgin megastore, will sell edgy fashion brands such as RouJe, Walk of Shame and Mira Mikati, as well as top-end labels from Gucci to Chanel, The store, at 60 Champs Elysees, has recruited and trained 300 tech-savvy personal tateossian concorde cufflinks stylists to advise shoppers on the range of fashion, accessory, beauty and lifestyle brands on offer..
The opening comes at a difficult time, however, with the Champs Elysees repeatedly targeted by the “yellow vest” protest movement that has rocked France, with windows smashed, stores looted and buildings set on fire this month. The historic avenue has also been battling for years to put itself back at the heart of the Paris fashion map - many locals avoid the Champs Elysees, seeing it as a tourist trap for its 300,000 daily visitors. As well as the shopping, the new Galeries Lafayette will offer an upmarket food court, a coffee lounge, a restaurant and “smart hanger” technology, giving shoppers information about product availability and fitting rooms with natural light.
Both Galeries Lafayette and rival Printemps are trying to capitalise on a rebound in Paris’ tourism industry, which was hit hard by a wave of militant attacks in 2015, Both cater heavily to shoppers and tourists from Asia, Galeries Lafayette’s move has been welcomed by France’s finance minister, who sees it as a vote of confidence in central Paris at a challenging time, “The Champs Elysees are standing tateossian concorde cufflinks up again,” said Bruno Le Maire, “They are stronger than all of this violence, which is unacceptable and must stop as it hurts the attractiveness of our country.”..