Dykstra Admits To Bankruptcy Fraud, Faces 20 Years

Law360, New York (July 13, 2012, 4:58 PM EDT) -- Former New York Mets outfielder Lenny Dykstra pled guilty Friday to federal charges of bankruptcy fraud, concealing bankruptcy estate property and money laundering in a deal that carries a maximum sentence of 20 years in prison and nearly $1 million in penalties and restitution.

At a hearing before U.S. District Judge Dean Pregerson in a Los Angeles federal courtroom, the fallen baseball star admitted selling baseball memorabilia and other property from his Thousand Oaks, Calif., mansion and selling it for cash after he’d declared bankruptcy, then...
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