Online Poker Payment Processor Cops To Conspiracy

Law360, New York (March 26, 2012, 9:09 PM EDT) -- A payment processor for a trio of poker sites targeted in a U.S. Department of Justice crackdown on online gaming entered a guilty plea Monday, admitting to a single conspiracy count.

Chad Elie, a 32-year-old Las Vegas resident, admitted in a Manhattan federal court that he acted as a conduit to deliver millions of dollars in illicit payments to PokerStars, Full Tilt Poker and Absolute Poker, three websites that allegedly attempted to defy U.S. laws intended to stop the flow of money to online gambling businesses....
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