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Chicago man pleads guilty to charges

Updated: May 23, 2011, 3:35 PM ET
Associated Press

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 companies.

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 ...

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