Former MLB player Lenny Dykstra was released from prison last Friday after serving time for bankruptcy fraud stemming from a bankruptcy filing.
Dykstra was sentenced in December to 6 1/2 months in prison after he hid baseball gloves and other heirlooms from his playing days. The items were supposed to be part of his bankruptcy filing.
But bankruptcy hasn’t been Lenny Dykstra’s only issue in recent years. Along with his prison term for bankruptcy fraud, the former All-Star outfielder was also serving time for a three-year sentence related to grand theft auto and providing a false financial statement.
While he was awaiting his sentencing, Dykstra spent seven months in prison. The recent problems stemmed from Dykstra’s decision to purchase a mansion once owned by famous hockey player Wayne Gretzky.
Dykstra filed for bankruptcy just four years later. He claimed to owe more than $31 million but have just $50,000 in assets. However, that apparently wasn’t the case. Court documents alleged that Dykstra hid, sold, or destroyed more than $200,000 of memorabilia and other items without consulting a bankruptcy trustee first.
As a result, Lenny pleaded guilty last summer to one count each of concealment of assets, money laundering, and bankruptcy fraud. Federal Bureau of Prisons records showed the the 50-year-old former MLB star got out of prison in California on June 14.
But that is not the end, as Dykstra will be on probation for three years. He also has to complete 500 hours of community service, complete a substance abuse treatment program, and pay $200,000 in restitution for the crime.
During his 12-year career with the New York Mets and Philadelphia Philies, Lenny Dykstra made a name for himself. Unfortunately, his money troubles in recent years, along with his criminal convictions, have tarnished his reputation as one of MLB’s stars.
There is no word on where Lenny Dykstra will stay now that he is out of prison.