Nelson Burtnick, a former director of payments at online poker operators PokerStars and Full Tilt, pled guilty in Manhattan federal court Wednesday to conspiracy to commit unlawful internet gambling, bank fraud, money laundering, and gambling offences.

Burtnick, who was one of 11 individuals named in an April 2011 Department of Justice indictment, had served as director of payments for both PokerStars and Full Tilt. He was accused of working with company executives and third party payment processors to deceive banks into unknowingly processing financial transactions for the poker companies, in breach of the 2006 Unlawful Internet Gambling Enforcement Act (UIGEA).

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