Continuing the unfortunate trend linking Hollywood and drugs, Michael Douglas’ son Cameron was arrested last night (August 3) for possession of crystal meth.

The 30-year-old son of the Wall Street actor was busted by an undercover cop who found about eight ounces of meth and more than $10,000 cash on his person while hanging at the Hotel Gansevoort in Manhattan’s Meatpacking District.

As a result of the bust, Cameron is being charged with possession with intent to sell, and could face jail time given that he has a pretty long rap sheet.

Back in 1999, Douglas was arrested when he tried to purchase drugs at Gansevoort, and in 2007 he got pinched for cocaine possession in California.