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Civil Litigation,
Bankruptcy

Oct. 21, 2019

Avenatti pleads 5th to questions over alleged artwork scheme

The indicted attorney answered questions Friday about his finances as debt collection efforts continue.

LOS ANGELES -- Faced with new allegations of a scheme involving auctioned art, Michael J. Avenatti repeatedly invoked the Fifth Amendment during a judgment debtor exam Friday that included a spontaneous $11 payment on a $5 million debt.

Avenatti refused to answer most questions from his ex-partner turned creditor, Andrew D. Stolper, about what he owes his first ex-wife, but he insisted it's "in excess of $2 million" and predates his...

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