Man Steals Half a Million from Casino, Forced to Sell Home in Payback Plea Bargain

Paul Theodore Del Vacchio, 40, from Murrieta, CA, was arrested last year after his bank noticed thousands of dollars being wired from a casino account to two of his ATM cards in 2003. Casino officials were notified and an investigation commenced. Del Vacchio pleaded guilty to 26 charges of embezzlement-related and identity theft crimes, including using casino patrons' personal information. He also admitted to spending all the stolen money on gambling.

He will be sentenced April 21st and faces up to four years in prison. As part of the plea bargain proposed by judge James T. Warren, Del Vacchio will sell his house to a private buyer for $535,000. The money then will be given to the casino, where Del Vacchio worked as a financial controller.

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