Absolute Poker Co-Owner Pleads Guilty

20 December 2011

There has been a plea from one of the three online poker companies following last Aprils U.S. federal indictments. Brent Beckley, co-owner of Absolute Poker, pleaded guilty today in a Manhattan Federal court.

The charges were conspiracy to commit bank fraud and wire fraud as well as conspiracy to violate an Internet gambling law. All related to the deception of U.S. banks over processing online gambling proceeds. Sentencing is set for April 19 and according to his plea agreement, Beckley is looking at 12-18 months in prison.

Before his guilty plea, Beckley told Judge Ronald Ellis;

“I knew that it was illegal to accept credit cards from players to gamble on the Internet. I knew that it was illegal to deceive the banks in this way.”

All total 12 people have been charged when the indictments were handed down.  Beckley hired payment processors between 2008 and 2011 according to the indictment that were disguised as payroll processing, affiliate marketing and online electronic merchant checks to fool U.S. banks into excepting them.

Related News

  • 03 April 2012

    U.S. Judge Questions Campos Plea Deal

    U.S. District Judge Lewis Kaplan wants an explanation from the government on why it let Utah banker John Campos plead guilty to a misdemeanor instead of a felony.  The government’s plan to prosecute Campos and avoid an April 9th trail has hit a snag.Of the dozen of individuals that have been charged from Black Friday last April, some have already pleaded guilty. Half remain at large and this is the only scheduled trail.

    Read full article
  • 08 March 2012

    Online Gambling Middleman Pleads Guilty

    As a result of the investigation of the Department of Justice that shut down the three largest U.S. facing online poker sites, a Canadian citizen has now plead guilty to conspiracy charges.In a plea to the U.S. District Court in Manhattan, Ryan Lang said he was the middleman between online poker companies and the brokers who tricked U.S. banks into processing money for online gambling. Land admitted he helped circumvent U.S. laws from 2007 to the middle of 2010.

    Read full article
  • 12 May 2011

    Absolute Poker Signs Agreement to Return U.S. Players Funds

    Now it seems that Absolute Poker will be paying back U.S. poker players according to prosecutors on New York City. Wednesday the announcement was made that Absolute Poker signed an agreement with the U.S. government to allow withdrawals to U.S. players and to continue operations to all foreign players. According to U.S.

    Read full article