Saturday, November 14, 2026

$1.9 million tax fraudster Oladapo Olagbemi banned for life in U.S. from preparing federal returns

The DOJ advised taxpayers to exercise caution when selecting tax return preparers.

• November 14, 2026
United States Department of Justice
United States Department of Justice

A United States district court has permanently barred a former tax return preparer, Oladapo Olagbemi, from preparing federal tax returns for anyone other than himself, following his conviction for aiding the filing of false tax returns.

The district court at the South California also prohibited Mr Olagbemi from owning any business involved in tax return preparation or training anyone to prepare tax returns.

The Department of Justice (DOJ) announced the ban in a statement, adding that Mr Olagbemi consented to the court order and pleaded guilty.

According to the DOJ, the culprit operated a San Diego-based tax preparation business known as D.A.O. Accounting, Consulting, and Taxation, Inc.

It noted that on June 4, 2026, Mr Olagbemi pleaded guilty to four counts of aiding and assisting in the preparation of false tax returns.

He was subsequently sentenced to 18 months in prison and ordered to pay $1.9 million in restitution to the United States.

The DOJ stated that between 2019 and 2024, Olagbemi deliberately falsified information on clients’ tax returns to reduce or eliminate their tax liabilities and secure refunds.

It said that he achieved this by including false schedules and forms, including Schedules 1, A, C and E, as well as Forms 2106 and 5695.

The Deputy Assistant Attorney General, Joshua Wu of the DOJ’s Civil Division, Tax Litigation Branch, announced the development while Tax Litigation Branch attorneys, Azer Habashi and Jeffery N. Nunez handled the case.

The DOJ advised taxpayers to exercise caution when selecting tax return preparers, warning them to remain vigilant against fraudulent operators.

Taxpayers were also advised to consult the Internal Revenue Service’s (IRS) online for guidance on choosing tax preparers and its free directory of federal tax return preparers. The IRS also provides tips on avoiding tax-season fraud and protecting personal information.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

United States Department of Justice

Diaspora

$1.9 million tax fraudster Oladapo Olagbemi banned for life in U.S. from preparing federal returns

The DOJ advised taxpayers to exercise caution when selecting tax return preparers.

World

U.S. flights resume after hours-long nationwide departure suspension 

Transportation Secretary Sean Duffy attributed the suspension to an outdated air traffic control system overwhelmed with data.

NationWide

COAS charges defence advisers on strategic partnerships to boost troops’ combat readiness

The statement said the Director Foreign Liaison, Defence Intelligence Agency, Kingsley Nwoko, commended the COAS for his leadership.

COP31

World

COP31 launches new priorities for AI firms to provide reliable information on climate change

Since the information integrity entered a COP outcome decision at COP30 in Belém, 29 countries and the European Union have signed up to it and begun implementing its provisions.

Education

Ooni mourns former OAU vice-chancellor Wale Omole 

The monarch said the late OAU VC contributed to the institution’s history, development and academic excellence.

Anti-Corruption

Anambra BDC operator remanded over alleged N446 million fraud

The EFCC, in a statement on Friday, said its Enugu State Zonal Directorate, arraigned Mr Okeke, alongside his two companies; Paderlambs Investment Limited and Ishiugbo Nigeria Limited, on a three-count