William J. Ihlenfeld, II U.S. Attorney | U.S. Attorney for the Northern District of West Virginia
Jack Lee Oliver, a 56-year-old resident of Rivesville, West Virginia, has been sentenced to 36 months in federal prison for defrauding the Internal Revenue Service (IRS) of $708,538. The sentence was handed down in Clarksburg, West Virginia.
In October 2024, a jury found Oliver guilty on 26 counts related to the preparation and filing of false tax returns. Oliver operated an insurance sales and tax return preparation business named Insurance Depot in Fairmont, West Virginia. He was found to have prepared tax returns that claimed business losses for non-existent businesses and inflated expenses for clients who did own businesses, leading to unwarranted tax refunds. Additionally, he falsely claimed the foster son of one of his clients on his tax returns, securing thousands of dollars in refundable credits.
Following his prison term, Oliver will be subject to one year of supervised release. He is also required to cooperate with the IRS to address back taxes owed.
The prosecution was led by Assistant U.S. Attorneys Jarod Douglas and Eleanor Hurney. The investigation was conducted by the Internal Revenue Service-Criminal Investigation (IRS-CI), with Chief U.S. District Judge Thomas S. Kleeh presiding over the case.
