Influencer Bobbi Vargas Accused of Embezzling $2.3 Million from Grant and Elena Cardone


The Rise and Fall of Bobbi Vargas: A Wellness Influencer’s Alleged $2.3 Million Fraud Scheme

In a shocking turn of events, wellness influencer Bobbi Vargas, also known as Bobbi Awad, has been accused of orchestrating a brazen three-year scheme that allegedly defrauded high-powered real estate investors Grant and Elena Cardone out of more than $2.3 million. This scandal not only raises questions about trust and integrity in the influencer space but also highlights the darker side of financial mismanagement and deceit.

The Allegations Unfold

Vargas, 46, was arrested on Wednesday after a thorough investigation by the Las Vegas Metro Police Department revealed that she had used five credit cards belonging to the Cardones to make nearly $450,000 in fraudulent purchases on Amazon between April 2021 and March 2024. According to police reports, Vargas funneled nearly $2 million into a PayPal account funded by the stolen credit card information, using it to finance her beauty business and indulge in a lavish lifestyle.

A Front for Fraud

The police report indicated that Vargas operated under the guise of a legitimate business, Bodella LLC, which she allegedly used to launder the proceeds from her theft. Court documents reveal that she made over 7,400 online purchases, including extravagant items like a brick pizza oven, an 83-inch television, and a dual-range gas stove. The sheer volume and value of these transactions paint a picture of a lifestyle funded by deceit.

The Role Models Turned Victims

Vargas had publicly praised the Cardones as her "role models" on social media, even sharing posts that showcased their relationship. This betrayal is particularly striking given the trust that was established between them. The Cardones, known for their entrepreneurial success and endorsement of President Trump, were reportedly blindsided by Vargas’s actions.

Designer Goods and Personal Services

The investigation revealed that Vargas spent approximately $169,000 on designer products and made 147 payments totaling around $800,000 for her business and employees. Her spending habits included hiring a personal shopper, housekeeper, electrician, and contractor, as well as shopping at high-end retailers like Pottery Barn and Net-a-Porter. This extravagant lifestyle starkly contrasts with her public persona as a wellness advocate.

A Deceptive Loan Repayment

In a particularly bizarre twist, a third victim, identified only as a "friend," claimed that Vargas attempted to repay a $100,000 loan with fake currency stuffed inside a shoebox. Detectives discovered that Vargas had purchased $103,000 in prop money just days before meeting this individual, further illustrating the lengths to which she went to maintain her facade.

The Investigation Begins

The investigation into Vargas’s activities was sparked when American Express alerted Elena Cardone to suspicious transactions on her credit card, including multiple Amazon gift cards sent to Vargas. This prompted a year-long inquiry that ultimately led to Vargas’s arrest and the filing of 19 felony charges against her, including theft exceeding $100,000 and attempted money laundering.

Legal Consequences

Following her arrest, Vargas appeared in Las Vegas Justice Court, where Judge Eric Goodman issued a stern warning: "The first problem I have with you will be the last problem I have with you. I’ll put you into custody. I’ll keep you in custody." If convicted, Vargas faces more than 20 years in prison, a stark reminder of the potential consequences of her alleged actions.

A Message to Followers

In the wake of her arrest, Vargas took to Instagram to assure her followers that "there’s always two sides to a story." This statement reflects the complex nature of her situation, as she navigates the fallout from her alleged crimes while attempting to maintain her public image.

Conclusion

The case of Bobbi Vargas serves as a cautionary tale about the potential pitfalls of the influencer economy, where trust and authenticity are paramount. As the legal proceedings unfold, many will be watching closely to see how this story develops and what it means for the future of wellness influencers and their relationships with followers and business partners alike. The intersection of fame, finance, and fraud is a potent reminder that appearances can be deceiving, and the consequences of deceit can be severe.

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