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Lenny Dykstra arrested for grand theft

Former MLB star Lenny Dykstra was arrested on Thursday for investigation of grand theft after trying to buy a stolen car. He is currently being held at the L.A. County Jail in downtown L.A. on $500,000 bond and will have a pre-trial date set sometime this coming week.

Although more details have not yet been released, this arrest comes just one day after Dykstra was charged with felony fraud, stemming from his involvement in embezzling items from a bankruptcy estate.

Once a prominent baseball star and business entrepreneur, Dykstra has seen a significant fall from grace in the past few years, which resulted in him filing for bankruptcy in 2009. In his claim, Dykstra stated that he owed more than $31 million and had only $50,000 in assets. However, federal prosecutors argue that after filing, Dykstra hid, sold or destroyed more than $400,000 worth of items from his multi-million dollar mansion without permission of a bankruptcy trustee, which, in essence, is stealing.

The majority of the items were sports memorabilia, but he also allegedly took a $50,000 granite sink, a high-end desk, and sold a “truckload of furnishing and fixtures” for cash at a second-hand shop.

The earlier reports indicate that Dykstra had not yet obtained an attorney, but with the FBI on the case, we assume a high-powered one will be in his corner soon.

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