Absolute Poker’s Beckley Sentenced to Prison

- 07/31/2012By Tommie ClarkGoogle
- This past week, Absolute Poker’s co-founder Brent Beckley, received a fourteen-month prison sentence after pleading guilty to deceiving banks over the processing of illegal online gaming transactions. The charges are part of the Black Friday case which involved the closure of three of the largest and top rated online poker brands by the US government, Absolute Poker, Full Tilt Poker and PokerStars last April.
Beckley was part of Absolute Poker’s payment processing department as of 2003. In December 2011, he returned from Costa Rica to the US and pled guilty in federal court in Manhattan to conspiring to break U.S. laws against gambling online, conspiracy to commit bank fraud and wire fraud.
At the time, Beckley told the judge that he was “truly sorry” and went on to say, “I fooled myself into thinking that what I was doing was OK.”
As part of the sentencing, Beckley will report to prison on October 1. Additionally, he must forfeit $300,000 and pay a $3,000 fine.
Federal prosecutors have charged eleven people in the Black Friday affair. Most recently, Raymond Bitar, CEO of Full Tilt Poker was taken into custody for his involvement in the case. He was released last week on a $2.5 million bail package. The government has also recently convicted John Campos, Chad Elie, and Ira Rubin in relation to the case.
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