A North Carolina resident may be the victim of blackmail if they are threatened with negative consequences for not meeting a person's demands. In most cases, the consequence for failure to meet the demand is the release of embarrassing or damaging information. For instance, the perpetrator of a blackmail scheme could reveal that the victim committed a crime or falsely accuse the victim of committing a crime.
Many North Carolina residents have become acquainted with celebrity lawyer Michael Avenatti after his numerous TV appearances as the attorney for Stormy Daniels, the adult film star who sued President Donald Trump. However, Avenatti is now facing his own legal difficulties after being hit with federal indictments in several separate cases. On March 25, Avenatti was arrested for allegedly attempting to extort millions of dollars from athletic company Nike. This came on top of a separate federal case moving forward in Los Angeles, where he is accused of misappropriating client funds and defrauding a bank to obtain loans.
Many investors in North Carolina and around the country were disappointed when Apple Inc. announced less than spectacular earnings in a July 2015 report and the price of the company's stock fell by 4 percent as a result. A lawsuit filed by the Securities and Exchange Commission on Feb. 13 alleges that a former Apple attorney with insider information avoided such a financial setback by selling stock worth $10 million before the contents of the earnings report were made public.