Overview
- A federal jury convicted Thomas C. Goldstein on Feb. 25 of tax evasion, false tax returns, willful failure to pay taxes and making false statements on mortgage applications.
- U.S. District Judge Lydia Kay Griggsby sentenced Goldstein to 72 months in prison on Friday, revoked his bond and remanded him into custody.
- Prosecutors say Goldstein hid more than $25 million in poker winnings from 2016 through 2023 and deprived the government of over $9.5 million in taxes by using offshore accounts, diverting firm fees and falsifying firm records.
- The court ordered $3,103,427 in restitution, five years of supervised release and an indeterminate forfeiture amount, while prosecutors had sought a longer term and characterized the conduct as deliberate financial fraud.
- Goldstein’s lawyers immediately filed motions seeking his release pending an expedited appeal to the Fourth Circuit and to delay surrender, keeping the case active in the appeals process.