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Lenny Dykstra Indicted for Bankruptcy Fraud

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Published: Friday, 6 May 2011 | 6:46 PM ET
By: CNBC.com

Lenny Dykstra, a former outfielder for the New York Mets and Philadelphia Phillies, has been indicted for bankruptcy fraud and embezzlement from a bankruptcy estate.

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Lenny Dykstra

A federal grand jury indictment charges that after filing for bankruptcy protection on July 7, 2009, Dykstra looted his Sherwood Estates mansion in Ventura County, Calif., lied about who stripped the property, and denied receiving money from selling items owned by the bankruptcy estate.

Dykstra, whose toughness on the baseball field earned him the nickname "Nails," stole and destroyed over $400,000 worth of property in the estate, an attorney hired by the bankruptcy trustee said.

The indictment accused Dykstra of one count of bankruptcy fraud, one count of obstruction of justice, four counts of concealing property from the bankruptcy estate, three counts of embezzlement from the bankruptcy estate, and four counts of making false declarations to the bankruptcy court, according to a Department of Justice statement.

Dykstra faces a maximum possible penalty of 80 years behind bars if convicted on all 13 counts.

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Lenny Dykstra, an outfielder for the New York Mets and Philadelphia Phillies known by the nickname "Nails," has been indicted for bankruptcy fraud and embezzlement from the bankruptcy estate.

   
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