Glover sentenced to prison for $7.2M biodiesel tax fraud scheme
A Colorado resident was sentenced to 15 months in prison Oct. 27 for his role in a biodiesel tax credit fraud scheme, announced Richard E. Zuckerman, principal deputy assistant attorney general of the justice department's tax division.
According to court documents and statements made in court, from 2010 to 2013, Calvin Glover and his co-conspirators defrauded the U.S. of $7.2 million by filing false claims with the IRS for biodiesel tax credits.
Glover and his co-conspirators formed a company, Shintan Inc., that purported to be in the business of producing biodiesel. Glover and his co-conspirators then submitted at least 22 claims to the IRS that falsely stated Shintan had produced more than 7 million gallons of biodiesel that qualified Shintan to receive refundable tax credits.
Glover signed a number of false documents in support of these claims, even though he had no knowledge of Shintan ever producing any biodiesel or biodiesel mixtures.
For his role in the scheme, Glover received nearly $600,000 of the fraud proceeds, which he did not report on his individual tax returns.
On Aug. 8, Glover pleaded guilty to one count of conspiracy to defraud the U.S.
In addition to the term of imprisonment imposed, the judge ordered Glover to serve three years of supervised release and to pay approximately $591,454 in restitution to the U.S.
Zuckerman thanked special agents of the IRS and U.S. EPA who conducted the investigation, and trial attorneys Sarah A. Kiewlicz and Stephen K. Moulton of the tax division, who prosecuted the case.