<human>: I had this friend once. Their family was poor, the dad is a Jeepney driver and the mom is a housewife, but does laundry for extra cash. He was the youngest of four children. We always hang out together, I share my toys and snacks and just hanging out and spending time together. Until the day that the dad inherited a large sum of money from his deceased relative.

They bought a new house, lots of cars, basically filled their house with luxurious items. After they became rich, he changed. He became arrogant, selfish, giving money to anyone who wants to be his "friend". Using money to get anything he wants from people. When I refused to be bought, he ignored me like he didn't even know me. The parents become snobbish and only cared about talking to other rich and powerful people. They basically ignored my parents. The neighbors who are very nice to them, actually started hating them because of their attitude.

Their wealth didn't last long though. The father became a gambler, and the mother became a shopping addict. They became bankrupt and now are *poorer* than before. They moved from the neighborhood after that, after having their house and other belongings are sold.

The reason why I remembered this is that I was told today, that my old friend joined a carjacking/drug gang. He was arrested today. I remembered a week after they became bankrupt he told me that he doesn't know what to do without money anymore. I guess, he loved money so much, he resorted to being a criminal.

Provide a brief overview of the text.
<bot>: My old friend's family became rich, changed for the worse, became poor again. TIL my poor friend became a criminal.