Former Banker Pleads Guilty in Black Friday Transaction

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.
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