Updated at 9:43 p.m. ET
Lawyer Michael Avenatti, who attained national prominence as a legal antagonist of President Trump, has been arrested on federal bank fraud and wire fraud charges.
Prosecutors in California say he embezzled client money to pay his own expenses and debts.
Avenatti was arrested in New York on separate federal charges. He was released released on $300,000 bond, according to The Associated Press.