Michael avanati in court and under arrest. Faces charges of extortion, bank and wire fraud in new york city and in los angeles. A spokesman for u. S. Attorney says he was arrested today in new york. Attorney Gains National recognition for representing stormy daniels. Federal prosecutors say the case is centered around the sports of apparel giant nike. He used an unnamed associate. Threatened to hold a News Conference to announce allegations nike employees committed misconduct if they didnt pay him close to 25 Million Dollars. What u. S. Attorneys call a shakedown. He could face decades behind bars. They say he embezzled a clients money to pay his own expenses and own debt and used phony tax returns to get millions of dollars from a bank. Laura engel reporting in new york city news room, what more do we know about the charges in new york . Hey, shep, michael is expected to be in court. He could go to prison for 47 years if convicted on all the new york charges. Prosecutors call this a a