Black Friday: Absolute Poker's Brent Beckley Pleads Guilty in Federal CourtReportedly Will Likely Serve About One Year in Prison |
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Absolute Poker co-owner Brent Beckley has pleaded guilty in federal court to charges filed as part of April’s Black Friday, Reuters reported Tuesday.
Beckley has admitted to conspiracy to commit bank and wire fraud, reportedly telling the jugde, “I knew it was illegal to deceive the banks in this way.”
For the charge of tricking banks into processing the illegal Internet gambling transactions, Beckly was facing a maximum of 30 years in prison. He reportedly will likely spend 12-18 months behind bars.
Beckley’s alleged accomplice Ira Rubin, who worked as a payment processor, is also expected to strike a plea agreement.
Earlier in December Forbes reported that John Campos and Chad Elie, another duo named in April’s sweeping indictments against the major online poker sites, appeared in federal court for a preliminary hearing.
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