Celebrity Money Watch

Think being wealthy, successful and having a clever nickname will keep you safe from identity theft? Think again.

Diddy -- formerly known as P. Diddy, formerly formerly known as Puff Daddy and legally known as Sean Combs -- recently fell victim to an identity thief who stole Diddy's American Express Black Card information, TMZ.com reports. If that wasn't bad enough, the thief posted Diddy's AmEx card information online this week for the entire web browsing world to see.

For me, the highlight of the Teen Choice Awards wasn't Selena Gomez, Justin Bieber or the Harry Potter tribute.

It was Ashton Kutcher giving financial advice.

Seriously.

Kenneth I. Starr, accountant to the stars, has bilked celebrity investor clients out of millions of dollars and is now facing jail and bankruptcy. And dermatologist to the stars, Arnie Klein, who treated the likes of Michael Jackson and Elizabeth Taylor, has also filed for bankruptcy protection.

Welcome to CreditCards.com's newest blogger, Ann Brenoff, who will be keeping a close eye on the financial slips and falls of some of the most wealthy citizens in the United States -- our beloved celebrities.

This week, Ann dishes on the money woes of "Desperate Housewife" Eva Longoria and "Batman Forever" star Val Kilmer.