Two Black Friday defendants have pleaded quality in the past few days. On Monday, it was reported that Chad Elie, a Las Vegas Businessman, pleaded guilty to conspiracy, a charge that will give him up to a year in prison.
Elie will also pay back the $500,000 he earned from processing online poker payments. Yesterday, Forbes reported that John Campos, the SunFirst Bank Vice Chariman, also has reached a plea agreement with federal prosecutors and will avoid a trial just like Chad Elie. However, it remains unclear what charges Campos will face.
Campos (right) and Elie (left) were arrested already on April 19 in 2011, 4 days after being indicted by the Department of Justice for their involvement in illegal online poker operations (illegal money transactions). Their sentences will be set in October this year.
In total, 6 of the 11 men who were accused after Black Friday have now pleaded guilty to their crimes. The ones who still haven't pleaded guilty are: Ray Bitar & Nelson Burtwich from Full Tilt Poker, Isai Scheinberg and Paul Tate from PokerStars and Scott Tom from Absolute Poker
