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Michael Avenatti released on $300,000 bond in extortion case

Avenatti was arrested after prosecutors said that the 48-year-old attorney threatened to release "damaging information" about Nike if the firm did not pay around USD 25 million to him

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Michael Avenatti. Pic/AFP

Michael Avenatti. Pic/AFP

New York (USA): Celebrity lawyer Michael Avenatti, who represented adult film actress Stormy Daniels in her lawsuit against US President Donald Trump, was on Monday evening (local time) released on a USD 300,000 bond, after he was arrested a few hours ago on charges of fraud.

Avenatti, who appeared in a New York court, was represented by two federal defenders and was asked not to enter a plea. He was released on USD 300,000 bail on the condition that he would surrender his passport, CNN reported.

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