Jim Cramer’s “One Of The Great Ones” Who Did $1+ Million In Newsletter Sales For TheStreet.com Lenny Dykstra — Indicted for 2 Dozen Alleged Crimes‎

A few years back Jim Cramer touted Lenny Dykstra as “one of the great ones” in the stock picking business and as detailed on The Daily Beast, Dykstra’ss newsletter for Cramer’s company TheStreet.com did over $1 million in business rather quickly.

(except that his track record was pretty impossible)

(and there was that little $250,000 Dykstra allegedly received for picking that penny stock) (Yup, that would make Lenny Dykstra a penny stock promoter)

Now TMZ is reporting Dykstra is set to be indicted on an alleged 2 dozen crimes, they say:

Lenny Dykstra will be hit with 25 criminal charges today — including auto theft … TMZ has learned.

Sources connected with the criminal probe tell TMZ … Dykstra got a heads up this weekend, informing him the Los Angeles County Grand Jury has indicted him. Dykstra was told he’ll be arraigned later today. Sources tell TMZ the charges include auto theft, identity theft, and drug allegations.

Our sources also say Dykstra won’t be alone — his accountant will be a co-defendant.

Sources say the L.A. County District Attorney plans to recommend that bail be set at $500,000 for Dykstra … but we’re told that amount could change.

The indictment is unrelated to Dykstra’s April arrest, where he was charged with one felony count of embezzling from a bankruptcy estate.

Guess even Jim Cramer shoulda woulda coulda seen this coming given the hilarious/sad video evidence from last year:

Lenny Dykstra

Lenny Dykstra

Posted in Penny Stock Scandals, Videos

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