NEW YORK -- A Chicago man has pleaded guilty in a New York
prosecution of online poker.
Bradley Franzen was one of 11 people charged last month in a
case that shut down U.S. operations for three Internet poker
He pleaded guilty Monday in Manhattan federal court, admitting
he illegally helped link gambling companies with banks to process
millions of dollars.
The charges were conspiracy to commit bank fraud; accepting
funds in connection with illegal gambling; and conspiracy to commit
Franzen said he was contacted in 2009 at his Costa Rica home by
an Internet poker company owner who wanted to process checks
online. He said he agreed to link online poker companies with banks
even though he knew it was illegal.
His lawyer, Sam Schmidt, declined to comment.