• Home
  • News
  • Ex-MLB Star Lenny Dykstra Indicted, Accused of Stripping His Own $18.5M Home After Chapter 11 Filing

Bankruptcy Law

Ex-MLB Star Lenny Dykstra Indicted, Accused of Stripping His Own $18.5M Home After Chapter 11 Filing

Posted May 9, 2011 12:57 PM CDT
By Martha Neil

  • Print
  • Reprints
  • Share

A former Major League Baseball star has been indicted in a bankruptcy fraud case.

Lenny Dykstra is accused of stealing from the bankruptcy estate by taking and selling, or destroying, property including sconces, a chandelier and gold fixtures from his $18.5 million mansion in Thousand Oaks, Calif., after his Chapter 11 filing in 2009, reports Bloomberg.

He is charged with obstruction of justice, four counts of concealing property from the bankruptcy estate, three counts of embezzlement and four counts of making false declarations in bankruptcy court concerning his role in stripping the Ventura County home, the Metropolitan News-Enterprise reports. If convicted of obstruction, he faces a maximum prison term of 20 years.

Attorney Mark Werksman represents Dykstra in the criminal case. He could not immediately be reached for comment, Bloomberg says.

A TMZ post provides further details and says that Dykstra is accused of reducing the value of the bankruptcy estate by $400,000.

Comments

Add a Comment

We welcome your comments, but please adhere to our comment policy. Flag comment for moderator.