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Disgraced lawyer Michael Avenatti on Thursday pleaded guilty to four counts of wire fraud and a tax charge in a federal court in Southern California, according to AP.

Why it matters: Avenatti is already serving two prison sentences from prior convictions for stealing nearly $300,000 from his former client, adult film actress Stormy Daniels, and from attempting to extort Nike out of more than $20 million.

www.axios.com/2022/06/16/michael-avenatti-pleads-guilty-twire-tax-fraud

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