Black Friday Payment Processor Ira Rubin pleads guilty to helping online poker sites such as PokerStars, Full Tilt Poker and Absolute Poker in processing $billions.
Ira Rubin was caught up in the Black Friday Drag Net last April and today pleased guilty in the US District Court in Manhattan to bank fraud, wire fraud and money laundering. By pleading guilty Rubin is hoping to have his sentence reduced from a possible 80 years down to 2 or 3 years.
But it may not be so easy for Ira Rubin unless he is also helping the US Authorities with their Black Friday court cases and investigation. It is rumoured the Ira Rubin is also involved in another payment processing crime in 2006. He has also been been known to the Authorities since the 70′s in many states including New York, Missouri, Nevada, Florida.
Ira Rubin was the genius who came up with the idea of using Golfing equipment websites to hide the illegal payment processing used by the online poker sites to hide their players transactions. Orders for 10,000 or more Golf balls were not unusual!