Amanda Bynes’ Parents Get New Conservatorship After Alleged Wild Spending, Buying Jewelry For Strangers

Truth rating: 9
Amanda Bynes Conservatorship 2014

By Shari Weiss

Amanda Bynes Conservatorship 2014

(Getty Images)

Amanda Bynes’ parents have reportedly obtained a new conservatorship in the wake of the actress’ latest troubling actions. As Gossip Cop has reported, Bynes is currently involuntarily hospitalized for psychiatric care after a rash of erratic behavior.

The former child star was arrested for DUI in September, then returned to bizarre rants on Twitter, including one in which she accused her father of sexual abuse. She was also caught on camera acting strangely throughout in New York, and at least one Manhattan store accused Bynes of shoplifting. The alarming behavior came after Bynes’ mother’s original conservatorship ended over the summer.

Bynes had been hospitalized last year following similar issues, but then seemed to have improved and was on the right track until things apparently started going haywire again this summer. She was involuntarily hospitalized for a second time earlier this month after unwittingly being taken to a medical facility. Doctors have already extended the original psychiatric hold, reportedly for another month and potentially up to a full year.

While that hold gives Bynes’ medical team the ultimate power right now, TMZ says her parents have already gone to court to obtain the new conservatorship, arguing that she is a “substantial risk” to herself. That allows them to oversee the star’s finances, and eventually her care. They were reportedly motivated not just by Bynes’ antics but her money situation. According to TMZ, Bynes’ net worth is down to $5.7 million, with $2.8 million of that being real estate. In fact, her only income last year was $144,768 made from renting one of her places.

Bynes allegedly had been spending “alarming amounts” of money prior to the recent hospitalization, making “extensive” purchases. And TMZ says these items weren’t for herself. Rather, Bynes was allegedly buying luxury goods, such as Cartier jewelry, and then giving it away to strangers on the street.

Gossip Cop sincerely hopes Bynes gets the help she needs.

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