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Shia LaBeouf ‘Hemorrhaging Money’ Amid Mardi Gras Arrest: ‘There’s Serious Concerns About His Finances’ (Exclusive)

Kaitlyn Monteiro

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No one seems to be able to pull Shia LaBeouf out of his self-destructive spiral, reveals a source.

As In Touch previously reported, the 39-year-old actor was recently given the green light to travel overseas to attend his father’s baptism in Rome, where he wasted no time causing a scene.

“He’s still on bail and not doing himself any favors ahead of his sentencing because he keeps getting himself into more hot water,” the source tells In Touch of LaBeouf, who is facing two counts of misdemeanor battery after getting into a Mardi Gras brawl in New Orleans back in February.

“People around him are worried he’s going to end up doing serious jail time,” adds the source. “On top of that there’s serious concern about his finances because he’s hemorrhaging money and at the same time, he’s damaging his reputation to the point where he may not be able to pull back.”

Orleans Parish Sheriff’s Office / MEGA

In a recent interview, LaBeouf revealed that he has not been sober in nine months and stated that, despite being ordered to enroll in substance abuse treatment, he does not believe he has a drinking problem.

“I think I have small man complex. Some kind of Napoleonic — I don’t know what it is,” he told YouTuber Andrew Callaghan. “I think it is something that has to do with anger and ego more so than my drinking. But that’s where I’m at now on my journey and I’m trying to navigate it.”

It’s been difficult for loved ones to watch, In Touch’s source admits.

“When he’s sober and taking care of himself, he’s a totally different person,” the source explains. “It’s alcohol that brings out his demons and once he’s in that stage, there’s no reasoning with him.”

That doesn’t mean people haven’t tried.

“Everyone that cares about him is desperate to get him help,” says the source. “But so far, he’s refusing.”

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