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"Le" is a pronoun which is often translated as "him", and "lo veo" is a phrase which is often translated as "I see him". Learn more about the difference between "le" and "lo veo" below.
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lo veo( 
loh
beh
-
oh
)A phrase is a group of words commonly used together (e.g., once upon a time).
a. I see him  (masculine)
Hablo seguido con Franco. Lo veo al menos una vez por semana.I talk with Franco often. I see him at least once a week.
b. I see it 
¿Puedes ver el tanque enemigo? - Sí, lo veo.Can you see the enemy tank? - Yes, I see it.
2. (formal) (I observe you)
A word or phrase used to refer to the second person formal “usted” by their conjugation or implied context (e.g., usted).
a. I see you 
¡Cada vez que lo veo, tiene un corte de pelo diferente!Everytime I see you, you have a different haircut!