Who knew the housing crisis had gotten this bad? Anthony Carleo, a 29-year-old judge's son who is suspected of stealing $1.5 million worth of chips from Las Vegas's Bellagio Hotel during a brazen armed robbery, was set to appear in court today. Carleo gave up his job as a real estate agent in the Pueblo, Colo., area just four months before the Dec. 14 heist, and right after filing for bankruptcy and having four homes go into foreclosure.
No doubt this economy has had some real estate agents struggling to maintain their business, but times were truly tough for Carleo, whose real estate broker associate's license expired Aug. 1, 2010. In the two years he spent working with his uncle and step-father at the family-owned Sound Venture Realty, he netted just $552 as a real estate broker, reported the Denver Post.
He supplemented his income by dabbling in a variety of other Colorado businesses before filing for bankruptcy in September 2009. The former one-time disc jockey, also did roofing sales and was part-owner with his stepfather, Gino Carleo, of Gold Key Limousines, whose company website boasts, "What Goes On in the Limo, Stays in the Limo."
His debtors ranged from numerous mortgage lenders, to Parkview Hospital and Playboy magazine subscription services, his bankruptcy file shows. Eventually, four properties he owned went into
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