By Matt Kaufman, Rakeback.com Poker News Editor
On April 15th, 2011 ("Black Friday"), 11 individuals associated with the 3 largest online poker rooms at the time were indicted in the United States. Nearly all of the charges dealt with using fraudulent methods for payment processing.
John Campos was one of those individuals despite having had minimal involvement with the online poker world - his job was Chairman of the Board at Sunfirst Bank in Utah. Allegedly, he accepted payments for processing transactions illegally through his bank.
For over a year it appeared that Campos and his friend and fellow payment processor Chad Elie would fight the charges against them in court, but in March they caved in and entered guilty pleas.
Yesterday, Judge Lewis Kaplan of the Southern District of New York sentenced Campos to 3 months in prison. Additionally, he has been barred from working in the banking industry for the rest of his life.
Judge Kaplan explained in court that he felt the sentence was lenient considering what Campos had done, but Campos had only pleaded guilty to a single misdemeanor charge. Therefore, it is quite possible that Kaplan will be a bit harsher with sentencing the other individuals who reached guilty pleas than many had originally anticipated.
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