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Payment processor Chad Elie pleads guilty to DoJ charges

27th March 2012 10:26 am GMT

Payment processor Chad Elie has pleaded guilty to money laundering and illegal gambling offenses as part of a plea agreement with U.S prosecutors.

Alongside SunFirst banker John Campos, Elie was one of the payment processors named in the April 15th indictment against PokerStars, Full Tilt and Absolute Poker. He was arrested back last year in Saint George, Utah.

Elie was due to stand trial alongside Campos next month on April 9th but [...]

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