Court Puts Lisa Rizzolo On A Budget
$22,623.16 per month requested
$16,419.63 approved

Rizzolo's Divorce Judge Indicted
Charged with conspiracy to commit mail
and wire fraud, securities fraud and
money laundering. Previous
rulings now in question.

INSIDE VEGAS by Steve Miller
AmericanMafia.com
November 5, 2012

LAS VEGAS - After claiming she was singularly responsible for supporting her entire adult family, a senior United States judge put Lisa Rizzolo, the ex-wife of convicted racketeer Rick Rizzolo, on a strict budget to stop her squandering the money that was court ordered to be paid to beating victim Kirk Henry and the IRS.

                                              8632 Canyon View Drive, Las Vegas, Nevada

                                  1104 Ocean Front, Newport Beach, California (Google Earth)

The Order was in preparation for the March 26, 2013 Uniform Fraudulent Transfers Act jury trial scheduled in Federal Court to determine if the Rizzolos staged a sham divorce in order to fraudulently transfer their racketeering derived assets to the Cook Islands to prevent seizure by creditors.

Since their very amicable June 2005 divorce (Rick and Lisa used the same attorney), speculation was that the Rizzolo's divorce hearing was a sham in the court of a crooked judge (see: "The judge who signed Rizzolo's Divorce Decree," AmericanMafia.com, March 16, 2009).

Rumors were that Clark County Family Court Judge Steven Jones  (mug shot and official photo on left) had been bribed to grant the Rizzolo's a lopsided divorce in the middle of a highly publicized federal investigation just three weeks before Rick was to begin negotiating his plea agreement to pay $10 million in restitution to Kirk Henry and other court ordered obligations in exchange for a shortened prison sentence.

After less than a  year in prison, the feds had kept their side of the agreement, but Rizzolo reneged by not paying Kirk Henry a dime in restitution. Meanwhile, Judge Jones was re-elected, Rick was back gambling on the Strip, and Lisa was enjoying her beach house in Southern California.

I first learned of the two-faced judge in 2003 when the late Gene Isaacs told me that Judge Jones was involved in a fraud to steal his life savings. Not being able to confirm Isaacs' claim, I opted to not write a story on the subject.

Isaacs explained that Jones would use his title and conduct meetings with potential investors in his judge's chambers at the courthouse to give a high level of legitimacy to his proposals.

Based on Jones' popularity and multiple reelections to the bench since 1993, few reporters listened when Isaacs told them of his experience, while Jones, et. al. continued their operation with impunity.

On October 31, 2012, the Las Vegas Review Journal headline blared: "Clark County Family Court judge Steven Jones faces federal indictment."

Jones was indicted for conspiracy to commit mail and wire fraud, securities fraud and money laundering, thereby rendering all his previous rulings in question.

By coincidence, Judge Jones is being prosecuted by the same man who successfully prosecuted Rick Rizzolo, United States Attorney Daniel Bogden.

Based on the judge's 15 page Indictment, there's now little doubt about the validity of Gene Isaacs' claims, and there's little doubt the disgraced judge may have helped Rick and Lisa Rizzolo perpetrate a scam to avoid paying their creditors!

If the federal conspiracy charges are proven, it's not far fetched to speculate that Judge Jones was bribed to allow the Rizzolos to unequally divide their assets and hide them off shore right in the middle of a federal racketeering investigation.

"Defendant Lisa Rizzolo maintains that the divorce decree was not collusive and was in accordance with considerations allowed by Nevada state law regarding the division of marital property." - Mark Bailus, attorney for Lisa Rizzolo, March 2, 2009

Now that Lisa Rizzolo's extravagant spending has been put on a short leash, and with the new information about the credibility of the judge who presided over her divorce, we'll soon know if Mr. Bailus is correct that the divorce was not collusive and in accordance with Nevada state law regarding the division of marital property.

If the jury rules on March 26 that the Rizzolo's hidden assets must be repatriated back to the United States, then Lisa will be ordered to pay Kirk Henry first, and what's left will go to the IRS. If Lisa refuses to repatriate her off shore stash, she can be jailed until she cooperates. Or, if she cooperates and her Cook Islands accounts come up short, her two expensive houses are expected to be sold to pay the balance.

MORE INFORMATION:
http://www.americanmafia.com/Inside_Vegas/10-15-12_Inside_Vegas.html