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How $4 Million Offshore Gambling Became Tax Evasion
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Subscribe19 JAN 2026 / ACCOUNTING & TAXES
Jason Noah Feinman, a resident of Calabasas, California, has pleaded guilty to managing an illicit offshore gambling business, laundering millions of dollars, and evading federal taxes on over $4 million of income. The case highlights the continuing pattern of familiar financial crimes and emphasizes the legal requirement to report all income, the importance of professional due diligence, and the implications of international tax and money laundering regulations.
There is a line from Casino that accountants tend to appreciate more than gamblers do: “In the casino, the cardinal rule is to keep them playing and to keep them coming back.” What the movie leaves out is what happens when the money starts moving offshore...
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