Why Gilbert Arenas Thinks Nobody Will Investigate His $80K Credit Card Fraud Scheme

Gilbert Arenas’ Instagram feed is a mix of both shock and funny. But this time,  Gil sharing the details of a night out at an Atlanta Strip club called Magic City back in the day may have him being investigated for credit card fraud.

In the now-deleted Instagram post, Gil boasted that “I’m the reason BIG strip clubs fingerprint now,” he then went on to detail his scheme.


“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 American Express (my card was stolen at the strip club last night, and these charges ain’t mines) with a (no questions asked policy) once they see its not ur signature,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.”

He said it’s fair because strippers bodies aren’t real so the money they get paid with shouldn’t be either. While that’s a funny story, it’s also likely fraud…

Rumor has it that American Express might be investigating the transaction.  Gilbert naturally responded to the rumor on Instagram:


“STOP wasting everyones time pls….your policy is ‘if someone claims it wasn’t them, you wouldn’t have paid… what are u investigating again??? Amex would have stiffed the club after they #investigated this… sooooooo shouldnt I be investigated by the strip clubs NOT #AMEX since the clubs would be the losers in my story? and I’m the dummy lmaoooooo #wasteTHEYtime2016 should I call my lawyer #larryHparker?? #larryHparkerGOTMEfreelapdances hahahahaha.#AMEX complaining about some funky ass 1’s from #2004-05-06

King Petty…

Earlier this week, Gilbert was a trending topic when he was once again exposing his ex-fiancée, reality star Laura Govan. Gilbert put her on blast for paying blogs to post shady stories about him.