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About LinkBacksRyan Lang, 37, a Canadian who worked directly with senior executives from Pokerstars, Full Tilt Poker and Absolute Poker, pleaded guilty to money laundering, fraud and gambling offenses Tuesday in federal court in New York.
Lang is facing 30 years in prison in connection with a scheme to deceive banks into processing hundreds of millions of dollars in Internet gambling transactions.
From the GPWA:
Lang was one of 11 individuals named in nine-count federal indictment unsealed last April in New York that shut down U.S. operations for three of the world's largest online poker companies. The founders and executives from the three companies were charged with bank fraud, money laundering and operating illegal gaming businesses.
Federal prosecutors also filed a civil lawsuit seeking $3 billion in money-laundering penalties from the websites and their operators.
To date, five additional minor players initially charged in the indictment have appeared in U.S. District Court to answer the charges; three have pleaded guilty. The other two defendants are scheduled to stand trial in April.
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29 February 2012, 10:34 am #1
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Black Friday defendant pleads guilty in New York
Last edited by The Buzz; 29 February 2012 at 2:40 pm.
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29 February 2012, 11:08 am #2
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29 February 2012, 10:41 pm #3
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30 years! Rediculous.
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1 March 2012, 8:33 am #4
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30 years my arse! Rapists and pedophiles get less than that! Hells fire, manslaughter gets less.
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"People who are unable to motivate themselves must be content with mediocrity." ~Andrew Carnegie~
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1 March 2012, 4:48 pm #5
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Looking at 30 years, of course they squeezed a deal out of him.
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5 March 2012, 8:03 am #6
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It's amazing that stealing the life of a child gets you less time than stealing money from the government.
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