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Guilty plea entered in NY online poker case
Ex-money processor for big 3 poker companies pleads guilty in NY online poker prosecution case
By The Associated Press

NEW YORK (AP) ' One of two men nearing trial in a case that shut down U.S. operations for three Internet poker companies has pleaded guilty in New York.

Chad Elie (EE'-lee) entered the plea in federal court on Monday. The plea comes as the money processor was scheduled to go to trial April 9 along with former bank executive John Campos (CAMP'-ohs). Both had asserted their innocence. Elie faces six months to a year in prison at an Oct. 3 sentencing.

Elie and Campos were the only men headed to trial after others among a dozen people charged in the Internet gambling case reached plea agreements or remained fugitives.

Prosecutors have sought $3 billion in money laundering penalties and forfeiture after targeting three companies based overseas: PokerStars, Full Tilt Poker and Absolute Poker. Full Tilt defended its executives.

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