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August 17, 2013

Tuttle woman gets two years in federal prison for tax evasion

NORMAN — Jessica Pillow Venable, a Tuttle resident, has been ordered to report to federal prison on Aug. 26 to begin serving a 24-month sentence for tax evasion.

Venable also was ordered to pay $228,060 in restitution to the Internal Revenue Service (IRS) following her guilty plea in April 2013 to an indictment charging two counts of tax evasion.

Venable, a former resident of Arlington, Texas, was charged by indictment in the Northern District of Texas on Jan. 23 and shortly thereafter formally stated that she intended to plead guilty and requested that jurisdiction of her case be transferred to the Western District of Oklahoma.

At the time of her guilty plea, Venable was 26, according to the petition she filed with the Court.

According to the indictment and other documents filed in the case, Venable willfully failed to report income embezzled from Dream Machines of Texas for tax years 2009 and 2010. According to the judgment filed in the case, the $228,060 in restitution ordered paid to the IRS is a condition of supervised release.

This is in addition to her obligation, pursuant to a separate settlement agreement, to pay $400 per month to the victim of the embezzlement.

This case was investigated by IRS Criminal Investigation. Assistant U.S. Attorneys Joseph Revesz of the NDTX and Charles Brown of the WDTX prosecuted.

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