Thursday, 4 October 2012
Payment processor Chad Elie, one of the 11 men charged by US authorities in relation to the Black Friday indictments, has been given a five-month jail sentence for his involvement in the affair.
The 32-year-old pleaded guilty to a bank fraud charge at a trial in March, admitting that he helped PokerStars, Full Tilt and Absolute Poker process millions of dollars of illegal online gambling transactions between 2008 and 2011.According to Bloomberg, US District Judge Lewis Kaplan rejected a recommendation by the federal Probation Department that Elie be sentenced to probation, six months of home confinement and community service, saying that only a prison sentence would provide a sufficient deterrent."This entire case reflects a situation in which there was ... a criminally reckless spitting in the eye of the government," said Kaplan, who also ordered Elie to forfeit $500,000.Keep up to date with all the news from the poker world by following us on Twitter and Facebook.
Juicy Stakes and Intertops Poker will hold their special May Day online poker tournament with a guaranteed $2,000 in the prize pool on May 1 and players are being offered the chance to qualify from Monday to April 30 via a series of satellites.
The Easter holidays are now upon us and Juicy Stakes and Intertops Poker are celebrating by holding a pair of special online poker tournaments.
Juicy Stakes and Intertops Poker will be launching their three-stage Vegas Milli Maker tournament series from tomorrow offering players the chance to win a prize package to compete in the upcoming Millionaire Maker event at the 48th annual edition of the World Series Of Poker (WSOP) in Las Vegas.
Intertops Poker and Juicy Stakes are about to kick off three-stage online satellite tournament series that are promising to award winners with prize packages to compete in the upcoming European Poker Championship in Velden, Austria.
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