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Saturday, April 16, 2011

Ex-baseball star Lenny Dykstra accused of bankruptcy fraud

Lenny Dykstra, the former star outfielder for the Philadelphia Phillies and New York Mets, has been arrested in California for allegedly selling $400,000 worth of belongings after he declared bankruptcy in 2009, the Los Angeles Times reports.

Separately, he was also charged with grand theft over the purchase of vehicles.

Federal prosecutors charge that about a month after Dykstra filed for protection, he sold a "truck load" of furnishings, without permission from the court-appointed trustee, from his $18.5 million mansion in Ventura County.

The criminal complaint also alleges he sold sports memorabilia, including his World Series ring, and ripped out a $50,000 granite sink to reinstall in an outside office. He could get five years in prison if convicted.

After retiring from baseball, Dykstra opened a luxury car wash near Los Angeles and wrote a stock-picking column for TheStreet.com.

See photos of: New York Mets, Philadelphia PhilliesTags:New York MetsPhiladelphia PhilliesLenny Dykstra .div-wrapper

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