He's the thief who tore a page from a Hollywood movie script with a daring Ocean's Eleven-style robbery of the Bellagio casino in Las Vegas.
"I think it goes without saying that as a father, I am devastated and heartbroken to see my son arrested under these circumstances."
Carleo has been arrested for the alleged gunpoint robbery of $1.5 million worth of chips from the world-famous casino.
Lieutenant Ray Steiber of the Las Vegas Metropolitan Police Department said during a press conference that authorities recovered $900,000 in chips after the arrest.
The robbery took place on December 14th. The suspect ran off with the goods, hopped on a motorcycle, and fled. But it turns out he actually went back to gamble!
In fact, he was such a high-rolling gambler that the hotel gave him a free room for 19 nights!
Police say he gave a $25,000 chip to a Salvation Army volunteer, an early clue in the trail that led to the suspect.
Carleo was arrested in the casino. Authorities say he'd lost more than $100,000 in chips. He was apparently enchanted by the glitz of the Bellagio, and gleefully wrote on his Facebook page:
"Never have I seen as many beautiful women in one place."