Katt Williams on the red carpet at an MTV event in 2006. (AP Photo/Jason DeCrow)

We all know the economic downturn has affected many professions, including newspaper organizations and car manufacturers. 

I guess the gloomy economy is also affecting the stand-up comedy industry–especially when comedians begin stealing.

Comedian Katt Williams was arrested on a burglary and trespassing complaint Sunday near Atlanta, according to the Associated Press.  He was accused of breaking into some one’s home and stealing $3,555 worth of jewelry and collectible coins.

The home belonged to the music producer Barry Hankerson.  Hankerson is the ex-husband of Gladys Knight and the uncle of the late R&B singer Aaliyah.

Williams denied the accusations, and he told the judge it was “a misunderstanding between me and two stupid detectives,” according to the Associated Press.

He also said he was staying at Hankerson’s home because he was filming a movie about President Obama. 

I know Williams wasn’t a billionaire by any means, but I assumed he was making enough money where he wouldn’t have to steal anyone. 

He’s appeared in numerous movies and television shows, including, “Norbit,” “First Sunday,” “Girlfriends,” “My Wife and Kids,” “Friday After Next” and “NYPD Blue,” among others.