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A suburban Chicago tax preprarer has admitted taking more than $1.1 million from ten clients who gave him the money to pay federal and state tax bills.
Adam R. Oliva of Rolling Meadows, Ill., pleaded guilty to one count of wire fraud and one count of preparing a false tax return.
Oliva, who did business under various names, including Oliva and Associates and The Oliva Group, admitted in a plea agreement that from 2015 through 2020, he persuaded clients to give him money to pay income taxes.
Instead, he kept the money for himself and filed false tax returns which reported no or lower liabilities to keep the Internal Revenue Service from contacting clients about unpaid taxes.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
has admitted taking more than $1.1 million from ten clients who gave him the money to pay federal and state tax bills.
