Disgraced lawyer Michael Avenatti has had his prison sentence reduced from 14 years to just under eight for financial fraud. Avenatti pleaded guilty to bilking his California clients and hiding millions from the IRS. He is set to be released in 2029.
Key Points
Avenatti's prison sentence reduced from 14 years to just under eight.
He pleaded guilty to bilking his California clients and hiding millions from the IRS.
Avenatti's release date is set for the middle of 2029.
Pros
Avenatti's sentence was reduced, providing him with an opportunity for early release.
He has shown signs of personal transformation during his incarceration.
Cons
Avenatti was initially sentenced for financial fraud, stealing money from clients and obstructing IRS administration.