Monday, March 02, 2026

Now what for Tom Goldstein?

He's on house arrest.

And speaking of the house, he asked for a jury trial on the forfeiture of his house.  The jury returned a verdict for him, so at least his house is not immediately forfeited.

He's got sentencing and his appeal next.

Professor Todd Haugh discusses his prospects here:

Goldstein may have a few cards left to play. To be convicted of loan fraud, the government must prove proper venue, meaning that the criminal offense took place in the charging district. Under the US Court of Appeals for the Fourth Circuit’s recent decision in United States v. Mosby, mere “preparatory” acts to the underlying offense cannot provide a basis for venue.

The defense will argue that while prosecutors may have proven preparatory acts such as filling out loan applications took place Maryland, they didn’t prove from where he sent the documents. The Second and Eleventh Circuits would seem to agree, but language from the Tenth Circuit could create a split. That is the meatiest of a number of arguments, including over the admission of statements made in media interviews and the wording of jury instructions, that he will surely make on appeal.

Goldstein built a career managing legal risk at the highest level. Yet he’s never faced what’s happening now: being on the other side of a white-collar conviction. He undoubtedly will continue to push his chips forward.


1 comment:

  1. Love that he tried the forfeiture. Not enough lawyers do this. It is understandably hard to enter a second trial right after an emotionally draining loss. But the results are often favourable.

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