Billy Joel fired his manager and former brother-in-law Frank Weber after an audit uncovered serious financial irregularities, substantial depletion of his accounts and a $5 million debt to the US Internal Revenue Service. The following September, he sued Weber for $90 million, accusing him of fraud, breach of fiduciary duty and extortion under federal law. A few days after the lawsuit was filed, Weber declared Chapter 11 bankruptcy to protect his remaining assets. The legal dispute eventually ended in an out-of-court settlement, and Joel recovered only part of the lost funds, approximately $8 million. Frank Weber was never criminally prosecuted or imprisoned.