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Michael Avenatti's coffee chain reportedly failed to pay $3 million in taxes, as the lawyer used the company's funds to pay his rent, shop at Neiman Marcus, and more

Michael Avenatti's coffee chain reportedly failed to pay $3 million in taxes, as the lawyer used the company's funds to pay his rent, shop at Neiman Marcus, and more
AP Photo/Richard Drew



Michael Avenatti is being charged on 36 counts of perjury, fraud, failure to pay taxes, embezzlement, and other financial crimes which could result in up to 335 years in prison.




Many of these charges were linked to Tully's, a Seattle-based coffee chain Avenatti bought in 2013.




Under Avenatti's control, Global Baristas failed to pay the IRS at least $3.2 million in federal payroll taxes, according to the indictment.




Avenatti allegedly transferred millions of dollars from Global Baristas' bank accounts into his own accounts, using the money for things such as rent, paying clients of his law firms, and — in one case — paying back $8,459 he owed Neiman Marcus.




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Michael Avenatti's time as owner and CEO of the coffee chain Tully's is coming back to haunt him.
A federal grand jury indicted Avenatti on 36 counts of perjury, fraud, failure to pay taxes, embezzlement, and other financial crimes, according to an indictment that was unsealed on Thursday. If convicted, Avenatti could face up to 335 years in prison.
Many of these charges were linked to Tully's, a Seattle-based coffee chain.
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