Hi Players, just wanted to inform the community regarding a known poker player in the Los Angeles and Las Vegas Cardrooms. Lee Vaccaro "Bellaigo Lee" has plead guilty to Crimes Related to Stealing Investors Monies (Approx. 6 Million) He's also known to try and borrow from Fellow poker players or try and gain investment monies from them for short term Option Stock Deals etc.

Please Avoid all contact with this individual, con man of the first order.

Complaint Related to Charges with the SEC

https://www.sec.gov/litigation/compl...-pr2016-82.pdf

Lee Vaccaro Plead Guilty, here's his plea. (Please Message me individually for more information specific to his plea info i have from the FBI)

if you have "done business" with Lee under the guise of Finanical investments etc. Please Message me directly for contact information with SEC and FBI Investigators

Lee used to play in home games in Los Angeles. He was widely know as a con artist long before his arrest. He scammed a few players out of hundreds of thousands of dollars in stock sale scams.

Interesting and Sad. Hope he does major time. i happen to communicate with authorities. Hopefully since he committed additional crimes related to fraud while out on bail, he will see time at a real prison.

i found some great info related to his plea

https://www.justice.gov/usao-nj/file/848706/download

Would love to hear Limon's thoughts regarding this lad .. They must have crossed paths on the LA PLO streets

Other than seeing him once or twice no stories. sorry. scums usually stay away from me at best, actively try to slander me behind my back at worst because they know Ill never lend them money and I will tell others not to lend them money.

https://www.sec.gov/litigation/litre...16/lr23562.htm

So what was the sentence?

The fool Actually Took Me for some $$$ several weeks ago, when i found out about the fraud criminal activity. Spoke with the FBI / SEC, they are calling a new hearing regarding his actions. Set for Sept. 22 11:00am (im able find out about the particulars as im part of his "victim pool" )

(Original Sentencing Hearing Moved I assume, due to new evidence etc.)

Pretrial officer will present a report on his conduct to the judge who allowed him bail etc. (250,000.00) under pretrial release supervision. Translation Bye Bye MFer (Big Man's Jail, i hope)

Google his name Lee Vaccarro, and His Judge (Cathy L. Waldor) United States Court for the District of New Jersey.

https://www.justice.gov/usao-nj/pr/n...t-fraud-scheme

If you believe you are a victim of or otherwise have information concerning this alleged scheme, you are encouraged to contact the FBI at 973-792-3000.

Looks Like More Victims of Mastermind "Bellagio Lee's"Embezzelment Scheme's are coming forward. Change that Sum from 6 Million to 10 Million. Sentencing Rescheduled for November Timeframe.

Any relation to Jimmy?

Can't honestly say. I don't believe so.

Well add more to it. My husband became re acquainted with Lee in early 2015. He had worked for him more than 20 years ago at a computer store. He took-us, my elderly mother, my Uncle on my fathers side, one of our business clients and our attorney for total of 750,000. What a scum bag. His wife Bonnie Vaccarro who was nothing more than a "hostess" when they met probably has money hidden to support the lifestyle she had become accustomed too.

Please send me your info. I am a. I tin

wtf how do you loan a guy $750,000 LOL

Wtf ! I hope you left your husband faster then Jolie left Pitt

Please Direct Message Me for Contacts Regarding Lee Vaccaro's Case.

That took 12 years and about 20 kids.

The same way people loaned Bernie madoff money


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Lee shows up at our Casino occasionally, orders drinks continuously and overplays hands like going 10x pot all in with AK. Seems fairly unfazed by his legal troubles, hope to see him again soon.

He won't feel the reality of it all until that cell door slams shut. I sincerely hope his game improves while playing with the brothers in maximum security in upstate New York or Jersey. I plan to send him some $$$ for ramen noodles. (Not really) p.s to my "friend" Lee. when they yell "I'm all in" up there, they might be talking about something other than poker.

Your statement about the brothers seems pretty racist and your entire post is filled with ignorance. While I'm not condoning what he did, you seem quite misinformed on how prisons, more specifically federal prisons work.

I'm sorry to disappoint you but if he does time it will be in a minimum security prison with other white collar / low threat inmates aka club fed.

PS...just because you see something on TV or the movies doesn't mean it's real.

Interesting that you seek to clarify comments regarding Lee. Wondering if the judge will see it your way. Maybe the judge realizes that this psycho has broken his plea agreement, lied about all the $$$ he stole from real people. And that its time to pay. Is madoff in a real jail ? (Yes).

LOL.....WTF are you talking about?

All I said was that your comment above was racist and ignorant, neither which you denied.

I hate to break it to you but.......good chance he gets less than 5 years and will spend all his time in a low risk, minimum security prison with other white collar criminals.

If people weren't so greedy or ignorant a lot of these white collar crimes wouldn't happen.

Let''s See you generate outrage for perceived racism when i joked about the prison population of Upstate New York and New Jersey. Yet you give no deference to victims of a Criminal Conspiracy that stole Millions of Dollars. In Fact, you blame the victim's of L. Vaccaro's Crimes. (Business Associates and Friends who Trusted Him, Not to Mention Fellow Poker Players in Home Games He Hosted and Others who loaned to Him Based on His Word etc) Ridiculous Take on your part in my humble opinion.

You spend huge amounts of vision to outline how little prison time he will receive etc.... Maybe so, but eventually L. Vaccaro wil "fully" answer for his crimes..... Meanwhile, keep holding his ....

Update: Lee Vaccaro's Bail Was Revoked (250,000.00) and he was taken into custody Yesterday. Sentencing Hearing Scheduled for November Timeframe.

Serious question, did you create the new account, Bellaigo Lee, because Bellagio Lee was already taken?