Former Banker Pleads Guilty in Black Friday Transaction


John Campos's plea will enable the DoJ to indict those individuals it can physically reach

As expected, John Campos, a defendant in the Department of Justice's Black Friday enforcement actions against online poker operators and their e-processors, has joined the list of those pleading guilty in plea bargain deals with the authorities.

Rather than arguing in court, Campos gave the DoJ a clean sweep, at least on those defendants that it can physically reach.

Among the 11 defendants indicted Chad Elie, Absolute Poker co-founder Brent Beckley and payment processors Ira Rubin, Ryan Lang, and Bradley Franzen chose to plead guilty.

A former executive at SunFirst Bank in Utah, Campos will plead guilty to a misdemeanor banking charge, and his lawyer called it an "excellent resolution".

The bank allegedly processed money for foreign-based online poker sites PokerStars and Full Tilt Poker, the companies subjected to the DoJ shutdown.

Both Campos and a co-defendant Elie will be seen in court next month.

Gambling Law & Society News Poker Banking

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