Today is Len Dykstra’s 47th birthday, and apparently to celebrate, he’s launched another rip-off investment site to steal your money. (Masochists: find it yourself.)
(Cutter Dykstra: What did Dad Len Do With His $737,000 bonus?)
Case you don’t know, Dykstra filed for Chapter 11 bankruptcy last July, listing fewer than $50,000 in assets against $10 to $50 million dollars in liabilities.
But three months before that filing, Dykstra told Mike Fish of ESPN.com that his net worth was, “60 million.” If that was indeed true, Dykstra succeeded in losing up to $110M in around 90 days.
Dykstra not only hoodwinked the media about his fake investment ability, he may have deceived his son. Cutter Dykstra was the 54th pick in the 2008 MLB draft by the Milwaukee Brewers. For signing with Milwaukee, Cutter received a $737,000 bonus from the club.
In July, 2008, Cutter did an interview with Brewers blog BrewCrewBall.com and talked about what he did with his bonus money.