Online Poker Payment Processor Gets Prison Term of Five Months
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A Las Vegas man who worked for online poker companies was ordered to serve five months in prison for helping deceive banks into processing hundreds of millions of dollars in illegal gambling transactions.
Chad Elie, 32, was one of 11 people charged in an April 2011 indictment targeting the founders of PokerStars, Full Tilt Poker and Absolute Poker. U.S. District Judge Lewis Kaplan sentenced Elie yesterday in federal court in Manhattan, saying the defendant “really didn’t care whether what he was doing was legal.”