The Sun First Bank financial institution is the Bank headed by John Campos, the man involved in the processing of payments for online gambling from US activities of PokerStars, Full Tilt Poker and Absolute Poker.Son trial on Black Friday could well take place in March 2012. John Campos as well as Chad Elie are accused under the Illegal Gambling Business Act. According to the accused, this law does not explicitly to online poker, argument that the federal judge in that case, Lewis Kaplan rejected last Thursday, while federal prosecutors involved with the met in Manhattan Federal Court. In an interview with Forbes magazine, he mentions that the trial will take place in March 2012 and the possibility that it is postponed or cancelled is very low.
Sun First Bank was placed into receivership a month ago for having dealt with online payments from U.S. activities of PokerStars, Full Tilt and Absolute Poker.
These poker rooms have until January 2 next to meet the civil complaint brought against them by the DoJ.
John Campos, former Vice President of a Bank of Utah and Chad Elie (Director of a payment processing company) are part of the 11 people charged in April as part of Black Friday. Campos and Elijah were arrested in Utah and Nevada, last April. They were released after the deposit of bonds ($25,000 for Campos and $250,000 for Elijah). According to reports, the two accused do not have the sympathy of the judge who was insensitive to their motion to quash the prosecution.
PokerCollectif closely follow this case and will give you the details as soon as they become available.
In the meantime, discuss this news on our forums: trial in March 2012 for 2 actors in the Black Friday
