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.

In that lengthy IG rant, Arenas detailed how he uses his AMEX to obtain large amounts of cash at strip clubs by having his “teammates” sign for the money. After cashing out, the stay-at-home social media troll claims he calls his credit card company and informs them that he lost his card, ensuring that all the deducted funds are returned.

He explained all of this, mind you, on his public Instagram account.

This shocking revelation comes just days after Arenas was slammed for making fun of women in Flint, Michigan over their contaminated water supply. The former Washington Wizard all-star is known for being a clown, but this level of tomfoolery is baffling even for him.