Online Poker Founder Beckley Pleads Guilty in Fraud Case
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Brent Beckley, a founder of Absolute Poker of Costa Rica, pleaded guilty in a U.S. illegal-gambling case that seeks at least $3 billion in forfeitures and penalties.
Beckley, 31, a U.S. citizen, pleaded guilty today before U.S. Magistrate Judge Ronald Ellis in Manhattan to conspiracy to commit bank fraud and wire fraud and conspiracy to violate an Internet gambling law. The sentencing guideline range in his plea agreement is 12 to 18 months in prison, Ellis said. Sentencing is set for April 19.