Prominent American lawyer convicted for hiding millions in poker winnings
A federal jury in Maryland found attorney Thomas Goldstein, known for his cases before the U.S. Supreme Court, guilty on 12 out of 16 counts in a tax case related to his poker activities, where he concealed millions in winnings. The six-year trial revealed that Goldstein participated in high-stakes cash games worldwide, earning $51 million and losing about $14 million. Source
The investigation showed that between 2016 and 2023, Goldstein failed to declare his poker income, submitted false financial statements, and used funds from his law firm to cover losses. Prosecutors stated that he hid approximately $50 million in profits gained from matches against wealthy businessmen and professional players. The case drew significant attention, notably with actor Tobey Maguire testifying as a witness.
This verdict could have broad implications for tax enforcement on poker players and increase scrutiny over the legality of earnings in the gambling sector.