Absolute Poker Co-Founder Sentenced to 14 Months Jail Time

Poker Legislation | estimated reading time
2012. July 25. |
Absolute Poker Co-Founder and Vice President Brent Beckley has been sentenced to 14 months in jail for fraud and money laundering.
Together with Full Tilt Poker and PokerStars, the sites of UB.com and Absolute Poker (AP) were also shut down by the FBI on 15 April, 2011, while owners and leading managers were charged with fraud, money laundering and conducting illegal gambling activity. A total of 11 people were sued: Isai Scheinberg, Raymond Bitar, Scott Tom, Brent Beckley, Nelson Burtnick, Paul Tate, Ryan Lang, Bradley Franzen, Ira Rubin, Chad Elie and John Campos.

Brent Beckley

Many of them made a deal and pleaded guilty, including Lang, Franzen, Rubin, Elie, Campos and Beckley, which allowed Campos to only sit 3 months, while Beckley’s sentences was lowered to 12-18 months, Franzen’s and Rubin’s to 18-14 months, instead of the maximum of 30 years they faced.

Beckely is now sentenced, too: AP’s co-founder and vice president sits 14 months, in addition to the seizure of $300,000 from his wealth and a $30,000 fine.

Even though Judge Lewis A. Kaplan did not feel the sentence to be proportionate to Beckley’s crimes, the US Department of Justice protected 32-year-old Beckley and assured the court he had been fully cooperating with the authorities and caused no harm to any financial institution. Judge Kaplan finally sentenced him to 14 months jail time.

Kaplan’s ruling is similar to Campos’ case, where the court did not feel the lowered sentence appropriate but ruled 3 months nevertheless.

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