Former baseball all-star Lenny Dykstra was arrested last night after being targeted by federal agents for embezzling more than $400,000 … from himself.

According to the U.S. Attorney in L.A. … Lenny arrested by local authorities and later charged with one felony count of embezzling from a bankrupt estate.

Officials claim Dykstra, who filed for bankruptcy in 2009, “stole and destroyed more than $400,000 worth of property in the estate.” That sounds illegal!

Who embezzles stuff from himself while under federal surveillance?

Dykstra is not legally allowed to sell off any of the items that

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