Michael Avenatti agreed Wednesday to give up financial control of his law firm to settle a dispute with a former partner who claimed the celebrity lawyer hid millions in order to fund his lavish lifestyle and avoid having to pay a $10 million judgment.
Jason Frank, a former partner at Eagan Avenatti, accused Avenatti in a court filing of spending extravagantly: $13,000 in rent for his Los Angeles apartment; a $3,640 payment on his Ferrari; $150,000 for his coffee company; $53,600 on his ex-wife; and $232,875 for his auto racing team, the Los Angeles Times reported.

Frank also claimed that Avenatti hid millions in legal fees from creditors during bankruptcy proceedings and asked the court to appoint a receiver to take possession of the firm’s bank accounts, computers and other assets.
Alex Jones breaks down how Democrats have officially announced and filed their articles of impeachment for President Trump, and he presents video footage of Maxine Waters and Elizabeth Warren doubling down on calls to first impeach the sitting President and then imprison him before the 2020 election begins.
The Emergency Election Sale is now live! Get 30% to 60% off our most popular products today!