Guilty plea entered in NY online poker case
3/26/2012 5:09:52 PM - AP News
NEW YORK (AP) — One of two men nearing trial in a case that shut down U.S. operations for three Internet poker companies has pleaded guilty in New York.Chad Elie (EE-lee) entered the plea in federal court on Monday. The plea comes as the money processor was scheduled to go to trial April 9 along with former bank executive John Campos (CAMP-ohs). Both had asserted their innocence. Elie faces 6 months to a year in prison at an Oct. 3 sentencing.They were the only men headed to trial after others who were among a dozen people charged in the Internet gambling case reached plea agreements or remained fugitives.Prosecutors have sought $3 billion in money laundering penalties and forfeiture after targeting three companies based overseas: PokerStars, Full Tilt Poker and Absolute Poker.