Being rich and famous definitely has its perks. It allows access to the most exclusive places and the fanciest gadgets among other things. But, with the good also comes the bad, like not knowing who you can really trust. Unfortunately for comedian Katt Williams, it cost him $59 million to find out that hard truth.

As a guest on the Spotify podcast “Jemele Hill Is Unbothered” earlier this month, Williams, 47, spilled some details on an ongoing situation that cost him, big time. The comedian reveals that he has “been under federal investigation for like six years.” In disbelief that it was taking so long, Williams chalked it up to the government trying hard to find a smoking gun. What they found, though, was much more.

“In my search for who was this enemy that was causing all these things to repeatedly happen to me over and over again when it shouldn’t, we uncovered that it was actually my people that was involved. We didn’t really know that until the Department of Justice started indicting these people for the embezzlement of $59 million from Katt Williams.”

In finding this information out, the Ohio native did what any rational person would do, he fired them. His former team didn’t take the news so well though seeking retaliation by engaging in “basically low-class extortion.” Williams claims, “…they didn’t give me my invitation to the Emmy(s) they didn’t tell me that I was so supposed to be presenting...they didn’t do anything.”

While most people would be down in the dumps about such a huge misfortune, the “Friday After Next” actor stayed positive stating “as with most of us that are going through things what we can be most proud of is how we handle ourselves while things are going on.”

Williams went on to discuss some exciting things that will be happening. During the “breaking news” section of the podcast, he let listeners know that he’s made a deal with Netflix for a new special. Knowing what most know about comedians, their best work can sometimes come from their most troubled times so fans can hopefully look forward to some great new content.