ORIGINAL POST: DECEMBER 18, 2010 4:36 PM
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After reading the letter the Bellinos sent earlier this week to their close friends (and, of course, several media outlets) in regard to their soon-to-be foreclosed Laguna Beach home (letter: http://alexis-bellino.com/bellinos-bankrupt-–-not/), SH became curious as to why someone would feel they needed to explain their financial standing so publicly.
SH began to look into Jim Bellino to get some insight as to his character, his personality and his business dealings to understand why he would publish such a defensive letter.
From what has been found, he’s a professional scammer and already knows his way around bankruptcy court.
Jim and Alexis Bellino and the home they are desperate to unload in Newport Beach
By all accounts, 47-year-old Jim Bellino got a very lucky break in 2000 as the FBI had him on their radar for years. He should be in jail for his knowing participation in a fraudulent national sports memorabilia business.
Instead of jail time, Jim received a slap on the wrist and had to pay $30,000, along with serving one year’s probation and told by the Feds to stay out of the memorabilia business:
FBI’s Operation Bullpen hooks network
SAN DIEGO – The FBI’s Operation Bullpen has infiltrated and dismantled a network of 20 forgers, authenticators, wholesalers, and retailers who are responsible for the creation and sales of up to $100 million of forged memorabilia, items that are both sports and nonsports-related. Twenty individuals, all from California, are cooperating with federal officials in pleabargaining agreements on a variety of fraud and tax charges.
The operations of the J. DiMaggio Company have been shut down. In addition, a significant number of items that were known forgeries carried a certificate of authenticity attributed to Don Frangipani; and Robert Proudy and Jim Bellino of Forensic Document Services (FDS). Forged items were supported by fake or misleading authentication documents. However, no charges have been brought against the latter authenticators.
To date, Wayne Bray of SCAA and James Bellino of FDS (FDS was banned from Ebay) have agreed to cease doing business in sports and celebrity memorabilia. Jim DiMaggio also is no longer authenticating memorabilia. FBI agent William Gore displayed a baseball forged with Mother Teresa’s name on it, which was accompanied by a letter of authenticity from the J DiMaggio company. Of the four authenticators, only Bray has pleaded guilty to charges of conspiracy to defraud the U.S.
A deferred prosecution agreement was reached with Jim Bellino. No charges have been brought against the others.
A must-read detailed story about FDS and Jim Bellino: http://bullpenandmore.wordpress.com/2010/03/19/jim-bellino-reality-tv-star-and-counterfeit-authenticator/
BEFORE the authentication business:
In 1997, Jim Bellino founded AAA Wholesale Billiards, renamed it Wholesale Billiards in 2003, and then renamed the company Rectivity Inc./ Pool Tables USA in 2005. All of these businesses share the same address: 2714 S Grand Ave, Santa Ana CA.
The Bellino Collection
Rectivity, Inc./ Pool Tables USA, Inc., operated as an online vendor of pool tables, poker tables, and matching game room collections. On December 10, 2008, an involuntary petition for liquidation under Chapter 7 was filed against Rectivity, Inc. in the US Bankruptcy Court for the Central District of California.
The state of California had listed Rectivity’s business status as “forfeited”: The business entity’s powers, rights and privileges were suspended or forfeited in California 1) by the Franchise Tax Board for failure to file a return and/or failure to pay taxes, penalties, or interest; and/or 2) by the Secretary of State for failure to file the required Statement of Information and, if applicable, the required Statement by Common Interest Development Association.
The “Alexis” Pool Table
According to Newport Beach’s Daily Pilot, Jim Bellino “used to own the now-closed Margaritaville restaurant on West Coast Highway. He juggles numerous business endeavors these days, including pawn loans and house flipping.”
The Bellino’s other properties can be seen here: http://www.celebrityrealestatenews.com/2009/09/10/alexis-bellinos-other-properties/
UPDATE 6-7-2011: The Bellino’s sold their Newport Beach house at a short sale in March 2011 for $3 million… here.
Scammers Bellinos… Jim and Alexis Bellino
While looking for Jim Bellino’s pawn shop and/or loans, SH found an ad (written in all caps) he placed for his ”financial services” on Craigslist in February 2010, in which Jimbo states that he’s using his own money:
“NO GAMES!!!!! THIS IS MY PRIVATE MONEY. IF YOU HAVE COLLATERAL JUST E-MAIL YOUR SCENARIO AND I WILL E-MAIL BACK TERMS, THAT SIMPLE. CALIFORNIA REAL ESTATE AND OTHER COLLATERAL SEE BELOW. NO CREDIT SCORES… NO JOB… I DONT CARE… I CARE ABOUT THE ASSET.
5. WINE COLLECTION OR ANYTHING ELSE THAT YOU MIGHT THINK HAS VALUE. JUST E-MAIL ME THE SCENARIO AND I WILL RESPOND IMMEDIATELY. THANKS JIM
SAME DAY FUNDING!!!!!!!!!!!!!!!!!!!! I DONT LOAN ON BUSINESS… IF YOU DONT HAVE COLLATERAL, DON’T BOTHER. THANKS
$MINIMUM… 10 K LOANS
$NO CREDIT CHECK
JUST E-MAIL YOUR SCENARIO AND PHONE NUMBER AND I WILL E-MAIL BACK TERMS WITHIN AN HOUR.
THIS IS MY PERSONAL MONEY SO THERE ARE NOT A LOT OF HOOPS TO JUMP THROUGH.”
Alexis Bellino pictured … with photos of Jim and Alexis Bellino’s Newport Beach house that they are desperately trying to unload. Detailed info regarding the Bellino’s Newport Beach house at Real Estalker here.
On September 9, the Bellino’s home was pictured in Celebrity Real Estate News with this description (more “creative financing” with Jim Bellino):
“SELLERS (The Bellino’s) ARE OPEN TO A TRADE OF A SMALLER HOME IN THE NEWPORT BEACH OR SURROUNDING AREAS. SELLER IS EXPERIENCED IN CREATIVE FINANCING AND WOULD ENTERTAIN ANY CREATIVE FINANCING OFFERS.”
According to several sources it wasn’t by chance the Bellino’s got on “The Real Housewives of OC,” they tried very hard to get on the show and eventually it worked out for them.
“Alexis and Jim did everything they could to get on this show. They bought a house from Jeana (Keough) and befriended her.
They bought a car from Simon (Tamra’s ex-husband) and befriended him.
Alexis joined Gretchen’s gym (Fernanda’s) and befriended her.
They watched the show every week since it’s been aired and tried to get as many connections as possible. I do have to say, it worked. Though it was expensive! Fancy houses and luxury cars aren’t cheap. Hope they feel it is worth it.”
With such a can of worms to open when looking at their past, why would anyone such as the Bellinos TRY to get on a reality show?
“Before” photos of Alexis just for the hell of it…
Yes… this is Alexis Bellino