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Black Friday indictee John Campos gets three months in jail
Black Friday banker John Campos has been handed a three-month sentence for processing illegal gambling transactions. Campos admitted to have processed transactions worth more than $200 million but struck a deal to get his sentence reduced.
Another chapter has been closed in the Black Friday proceedings, as banker John Campos was handed a three-month sentence yesterday by District Judge Lewis A. Kaplan.

The sentencing took place in a Manhattan court, according to a report from Businessweek.

Campos was the former Vice Chairman and part owner of the SunFirst Bank in Utah, which according to the Black Friday indictments was used to illegally process transactions from online poker sites to U.S. citizens.

Campos was facing a long jail sentence for his involvement in the case, but managed to strike a deal with prosecutors in return for admitting to have processed transaction for more than $200 million.

However, questioning the validity of the plea deal, Judge Kaplan requested for the prosecution to defend its decision to let Campos walk, and the case has seen some delay because of this.

Kaplan later accepted the prosecution's explanations as well as a claim for Campos to be handed a sentence on grounds of a misdemeanor charge, rather than on that of a felony.

Judge Kaplan agreed to the claim and yesterday handed Campos a three-month sentence.

On top of the prison sentence, Campos will also be banned from working in the U.S. banking industry for the rest of his life.

The sentencing of Campos will bring the number of closed cases in the Black Friday indictments to five, following similar guilty pleas from Ira Rubin, Bradley Franzen, Ryan Lang and Chad Elie.

Another six cases are still to be pursued by the U.S. prosecution, including those of Full Tilt Poker executives Howard Lederer and Chris Ferguson, as well as PokerStars founder Isai Scheinberg.
Posted by David
Poker.org News Editor
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2126
11
11 months ago
3 months for stealin 200k...I`m sorry I won`t do it again,oh,ok we`ll give you 3 months ...he`ll probubly do the time on weekends,so he can attend golf tournaments!
1184
3
11 months ago
It's not 200k and 3 months is just too short.
401
13
11 months ago
Thats it? 3 months? Berny Madeoff got life for doing pretty much similar thing. If he has good behavoir he will be out in 1-2 months.
981
312
11 months ago
I agree that this is a pretty light sentence compared to others who have committed similar crimes. Sigh, will justice ever be served?
2043
2313
11 months ago
3 fkn months you got to be kidding all this bullshit and they pat him on the riest and say heres 3 months in jail for stealing 200 plus k guess it pays to fkn steal what a fkn country we have, think i`ll go rob a bank and see if i get 3 months in jail
158
1
11 months ago
Three months in jail? oh come on he deserves that and much more. I hope he doesn't hold on to the soap LOL. But in all seriousness I would say 2 years after the deal would be a good ball park for his sentence.

In the meantime where is our money?
158
1
11 months ago
Three months in jail? oh come on he deserves that and much more. I hope he doesn't hold on to the soap LOL. But in all seriousness I would say 2 years after the deal would be a good ball park for his sentence.

In the meantime where is our money?
128
11 months ago
Three months in jail for affecting so many people....what a crock. We as players get bent over and can no loner play for money, and these folks get three month vacations at a prison resort and a fat bank account when their through. HA!