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Michael Douglas sent his rep out to release a statement concerning his son Cameron’s recent arrest for allegedly running a major drug trafficking operation. Michael’s rep’s statement read:

The family is devastated and very disappointed in Cameron’s recent behavior. Any family who has dealt with substance abuse knows how devastating it can be.

Cameron is currently being held at the Metropolitan Correctional Center in NYC. He’s due in court to face charges on September 10.

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Michael Douglas’ Son’s In Big Trouble

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We mentioned earlier this week that Michael Douglas’ son Cameron was arrested after cops found him in possession of about a half a pound of meth. Now, Cameron’s federal indictment filed in NY is giving us a better idea of the extent of his operation.

Apparently, DEA agents had been watching Cameron for about 3 years. They say that during that time, he sold “multiple pounds” of crystal meth for tens of thousands of dollars to a number of people - at least three of whom are now cooperating with authorities in exchange for possible reduced sentences.

Cameron was arrested after a sting operation was set up by the DEA, where agents caught him accepting $15,000 for a half pound of meth. According to TMZ, the buyer contacted Cameron after the transaction with the following message: “The bath salts are fabulous! Thank you so much.”, to which Cameron responded, “Yeah, I thought you would like them my friend … I was so excited for you to take a bath and see for yourself.”

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An $80 million trust fund will apparently buy a mountain of drugs, but may not be quite enough to make the rent.  Michael Douglas’ son Cameron was evicted from his $4,200 per month home recently for failing to make two months of rent.

Cameron reportedly fled the property with his roommate when a cop arrived at the scene with an eviction notice.  Cam, being the nice guy that he is, decided not to totally abandon the house altogether, and left his girlfriend at the home to deal with the officer and clean up the mess.

The landlord of the Laurel Canyon home tells Star Magazine that inside the property, they discovered burnt spoons, used syringes, mirrors covered in cocaine, and a few home drug-testing kits for good measure.

Cam, who has been arrested for cocaine possession several times, has been in and out of rehab for the last few years.

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