While Ray Bitar awaits his fate after turning himself in to the FBI earlier this month, another of the eleven figures indicted on Black Friday learned his fate Monday Afternoon.
Brent Beckley, who became the head of payment processing for Absolute Poker in 2003, was sentenced to 14 months in jail for charges related to internet gambling. Beckley pleaded guilty to three charges back in December of 2011, and has been cooperating with the investigation ever since. Despite Beckley giving information helpful to the case, U.S. District Judge Lewis Kaplan felt that the penalty was still necessary.
“The sentence has to make clear that the government of the United States means business in these types of cases,” said Kaplan.
The charges against Beckley stem from charges that he willfullyof conspired to commit bank fraud and wire fraud by intentionally miscoding payment information so that it didn’t get flagged as internet gambling. He also was charged with violating laws related to the UIGEA.
“I fooled myself into thinking that what I was doing was OK,” said Beckley to the judge.
One of eleven people charged on Black Friday, Beckley was the first of six directly involved with Absolute Poker/UB, PokerStars, or Full Tilt to plead guilty. Bitar surrendered to authorites on July 2nd and received bail July 9th, and the other four parties are still at large. Isai Scheinberg, Paul Tate, Nelson Burtnick, and Scott Tom are each still facing charges related to the April 15, 2011 indictments.
The other five were involved in payment processing in some way. Ryan Lang, Ira Rubin, Bradley Franzen, and Chad Elie have each plead guilty for their roles in illegally processing gambling transactions, as has former SunFirst Bank Vice Chairman John Campos.
Bitar is facing a new superseding indictment against he and Burtnick, which was unsealed upon his surrender. He is currently out on bail and under electronic monitoring in California as he awaits trial.
Latest posts by Tim Fiorvanti (see all)
- Things Are Getting Real for Joe McKeehen on the Thunderdome Stage - July 14, 2015
- Justin Schwartz Seeks End to Dark Days with Deep Main Event Run - July 14, 2015
- Pierre Neuville Lives Post-Retirement Poker Dreams to the Fullest - July 13, 2015
- Moneymaker Legend Grows as Bruce Peery Takes WSOP Main Event Lead - July 12, 2015
- Justin Bonomo Chips Up, Busts His Friends Deep in WSOP Main Event - July 12, 2015