A federal jury in Boston has convicted Thomas Cataloni, 46, of Walpole for his involvement in a scheme to smuggle gold, platinum, and other precious metals from Colombia into the United States and launder related funds. The verdict was delivered on January 8.
Cataloni was found guilty of one count each of money laundering conspiracy, conspiracy to smuggle goods into the United States, and international money laundering. U.S. District Court Judge Patti B. Saris set sentencing for April 15, 2026. Cataloni had been charged in November 2022.
According to court records, Cataloni and his associates sent large sums of money to Colombian bank accounts in 2018 to purchase gold and platinum that would be illegally brought into the United States without declaration at customs. To avoid detection, the metals were melted down in Colombia and shaped into crude items resembling unfinished jewelry such as chains, keychains, and purse straps. These items were worn by individuals traveling from Colombia to the United States who did not declare them at customs.
Two co-conspirators have already pleaded guilty and are expected to be sentenced later this year.
Each conviction for money laundering conspiracy and international money laundering carries a maximum penalty of 20 years in prison, up to three years of supervised release, and a fine up to $500,000 or twice the amount involved. The charge of conspiracy to smuggle goods provides for up to five years in prison, three years of supervised release, and a fine up to $250,000. Sentencing will follow federal guidelines.
The case was announced by United States Attorney Leah B. Foley and Michael J. Krol, Special Agent in Charge of Homeland Security Investigations in New England. Customs & Border Protection; Massachusetts Bay Transportation Authority; Canton Police Department; and Walpole Police Department provided assistance. Assistant U.S. Attorneys Brian J. Sullivan and Samuel R. Feldman are prosecuting the case.