Overview
- The judge sentenced Thomas C. Goldstein to 72 months in prison, revoked his bond and remanded him into custody while also ordering five years of supervised release and $3,103,427 in restitution.
- A federal jury convicted Goldstein in February of multiple counts including tax evasion, filing false tax returns, willful failure to pay taxes, and making false statements to mortgage lenders.
- Prosecutors said evidence at trial showed Goldstein concealed millions in poker winnings, routed funds through foreign accounts, diverted law‑firm revenues to cover gambling debts, and misclassified personal expenses as business costs.
- The court found he submitted false mortgage applications that omitted more than $14 million in poker debts and helped him obtain a $1.98 million loan, according to trial records.
- Goldstein’s lawyers say he is appealing and have asked for release pending that appeal or a delayed surrender, and the Justice Department framed the case as a win for its new National Fraud Enforcement Division.