Friday, July 13, 2012

Lenny Dykstra: How Low Can You Go?

Lenny Dykstra is a former major league baseball player who was quite good over his career, which lasted about 10 years.. http://en.wikipedia.org/wiki/Lenny_Dykstra
However, he has not handled his retirement from baseball very well as hes been indicted for different crimes related to stealing a car and is in state prison and now is in criminal trouble for his bankrauptcy.
From the L.A. Times: Former New York Mets star and self-styled financial guru Lenny Dykstra pleaded guilty Friday to three federal bankruptcy fraud charges for pilfering from his Ventura County mansion, according to the U.S. attorney's office.
Dykstra has acknowledged that he took more $200,000 in assets out of the home and other locations as he struggled to battle numerous creditors. He pleaded guilty to bankruptcy fraud, concealment of assets and money laundering. He could face up to 20 years in prison but is likely to be sentenced to far less because of his plea.
"Mr. Dykstra's days of playing games with the public and the legal system are over. With these federal convictions, Mr. Dykstra's fraud and deceit have been exposed for all to see," said U.S. Atty. André Birotte Jr. "These convictions should serve as a cautionary tale of a high-flying sports celebrity who tried to manipulate and exploit both his creditors and the bankruptcy laws of the United States."
 http://latimesblogs.latimes.com/lanow/2012/07/lenny-dykstra-bankruptcy-fraud-prison.html
 It's a shame to see people who have had millions, take it for granted and then did stupid things with their money.  They get big entourages, buy stupid things and when things go bad, they are not ready for it and they go broke or worse.  And the people they hurt most are their family members.
Most will go bankrupt but in Dystra's case, he will be in prison for a very long time.

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