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Justice News

Department of Justice
U.S. Attorney’s Office
Southern District of West Virginia

Thursday, January 8, 2015

Oceana man sentenced for structuring financial transactions

BECKLEY, W.Va. – United States Attorney Booth Goodwin announced today that Jerry H. Harvey, Jr., 51, of Oceana, West Virginia, was sentenced to 36 months in federal prison, followed by a three-year term of supervised release.

Harvey pleaded guilty in July 2014, to aiding and abetting the structuring of financial transactions for the purpose of evading bank reporting requirements. He admitted that for more than a year, he and others intentionally made multiple bank withdrawals not exceeding $10,000 so the bank would not report the withdrawals. Banks are required to report withdrawals exceeding $10,000 to the Internal Revenue Service.

Harvey further admitted that the withdrawn funds were profits he made while engaged in the interstate transportation and receipt of stolen property. He admitted he gained more than $100,000 from the illegal activity. The crime took place near Harvey’s home in Oceana.

The case was investigated by the Internal Revenue Service and the Federal Bureau of Investigation.

United States District Judge Irene C. Berger imposed the sentence.

Assistant United States Attorney Miller Bushong handled the prosecution of this case.

Updated January 13, 2015