Francisco Javier Vargas Peláez (born December 25, 1984 in Mexico City) is a Mexican professional boxer, also known for his nickname "El Bandido." As an amateur, Vargas represented Mexico at the 2008 Olympics as a lightweight. He held the WBC super featherweight title between 2015 and 2017.
At the 2006 Central American Games, Vargas lost to eventual winner Yordenis Ugás 7:14. At the 2007 Pan American Games, Vargas competed at featherweight. He lost to David Souza. At the first qualifier for the 2008 Olympics, Vargas was edged out by Juan Cuellar. At the second qualifier, the 23-year-old beat Franz Mamani and the Canadian southpaw Ibrahim Kamal. Vargas was then outpointed by Brazilian Éverton Lopes 6:11 but shut out Alexis Folleco 5:0 becoming the third Mexican boxer to qualify, after Arturo Santos Reyes and Óscar Valdez. At the Olympics, Vargas defeated Jean de Dieu Soloniaina in his first bout but lost in the round of 16 to Georgian Popescu.