London, Jan 3 (ANI): Dermatologist Dr Arnold Klein, who was once dubbed 'dermatologist to the stars' and was friends with Hollywood's biggest names like Elizabeth Taylor and Michael Jackson, is now bankrupt.
He lived a life of luxury, splitting time between three multimillion dollar mansions and driving Bentleys but now Dr Klein's extravagant homes are in foreclosure and he is facing questions about his professional conduct leading up to Jackson's death, the Daily Mail reported.
According to the L.A Times, the doctor has even been compelled to auction off presents given to him from famous friends to pay his debts.e has also had to turn to the celebrities themselves, such as actress Carrie Fisher, who paid the doctor 150,000 dollars for a bankruptcy lawyer, according to court documents.
Dr Klein's business suffered following the death of his long-term friend and client Michael Jackson.
When the singer's physician Dr Conrad Murray was on trial last year, the defence team insisted that Klein provided Jackson with huge amounts of the drug Demerol, thus fuelling an addiction.
After the guilty verdict, Klein revealed that he was under investigation by the state medical board.
But in bankruptcy filings, he has blamed his money troubles on two former employees who he claims misappropriated more than 8 million dollars of his money.
"The assets that Dr. Klein worked long and hard to build have been decimated," one of his attorneys wrote in a June suit.
An investigation of Klein's claims by the U.S. Secret Service did not lead to any charges.
One of the accused, his accountant Muhammad Khilji, said Klein continued on his lifestyle of chauffeured cars and shopping sprees even as his business began to fail.
In three years, Klein spent over 7 million dollars on 'personal luxury spending', including 800,000 dollars for holidays and 550,000 dollars for cars.
Khilji asserted that this was despite Klein making just 500 dollars a day, down from 25,000 dollars at his peak.
A second employee, former office manager Jason Pfeiffer, has filed a suit against Klein.
It claimed that the doctor 'required Pfeiffer to assist him in his search for sex partners, often for hours each day or night'. (ANI)
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