Gilbert Arenas Is Reportedly Under Investigation For Credit Card Fraud After Bragging About Ripping Off Strip Clubs On IG

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Yesterday, Gilbert Arenas told a story on Instagram off how he would rip off strip clubs by making a claim to American Express that his card was stolen the day after he spent big money at the clubs.

You kick me out your strip club, you getting robbed…..I know what yall thinking(soft ass aint robbing no body) I would like too inform all the big ballers out there,im the reason BIG strip clubs #fingerprint now hahaha..I’ll order $80,000 worth of ones,throw about $40,000 of it too the strippers,sneak the rest out the club…have one of my #teammates sign that bill….wake up the next day,call #americanexpress(my card was stolen at the strip club last night,and these charges aint mines) with a (no questions asked policy)once they see its not ur signture,they refund you ALL your money back lmaoooo soooo I got the $80,000 I spent back..PLUS the $40,000 I took out the club… #aintnotrickingbihh strippers gave me that vagina on the house,it cost me nothing hahahaha #howyoudoing #ranoffontheclubTWICE #smartniggashit #greatinvestment #KOD’S #MAGICCITY just call it a club appearance fee lmaooo

Of course that’s fraud and if true, Arenas could spend time in jail for admitting to it.

According to HipHollywood, American Express is looking into the matter.

HipHollywood has learned exclusively that disgraced NBA star Gilbert Arenas is now under investigation by a fraud department after bragging online about operating a credit card scam. A spokesmen for American Express tells us that they’re aware of Agent Zero’s incriminating Instagram post are looking into it.

Dude is an idiot.