Houston – Oliphant Tax Services’ owner, identified as Oliphant, has been caught in a web of deception, pleaded guilty to preparing false tax returns and obstructing the IRS. U.S. Attorney Kenneth Magidson and D. Richard Goss of IRS-CI led the announcement.
Oliphant, previously convicted for preparing fraudulent 2006-08 tax returns, was on bond but resumed his scheme under a new name, ‘Tax Services.’ He continued to claim false deductions while awaiting sentencing.
This con artist altered his business name and established multiple bank accounts, including minors’ names, to siphon fees. Oliphant’s scheme netted $2 million in fees and over $400,000 in losses for the IRS.
U.S. District Judge Keith Ellison set a sentencing date of February 22, 2017, where Oliphant faces up to three years in federal prison and a fine of $250,000. He was sentenced to 33 months previously and remains in custody.
The plea agreement mandates Oliphant surrender over $200,000, his residence, and two Mercedes-Benz cars as restitution. IRS-CI conducted the investigation, with Assistant U.S. Attorney Jimmy Sledge Jr. prosecuting.
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Key Facts
- State: Texas
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes
- Source: Official Source ↗
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