Months after former Oklahoma oil distributor Jack Jim Clark pleaded guilty to stealing $10 million in a tax scheme, one of his homes, a more than 11,000 square foot mansion will be sold at auction this week in Oklahoma City.
The home at 11,600 Mill Hollow Court was seized by the Internal Revenue service and will be auctioned off to the highest bidder on Thursday, Nov. 1 at 11 a.m.
The auction will be held at the home that is 11,570 square feet in six and has 6 bedrooms, 4.5 baths, kitchen with breakfast area, dining room, 3 staircases, a sauna and elevator, a 2nd floor game room with wet bar and movie theater, 4 fireplaces and attached 7-car garage with RV parking and storm shelter.
The auction advertisement stated that the property includes an inground pool, hot tub, tennis/sport court, covered pavilion with a firepit, outdoor kitchen and fireplace, wrought iron fence and outdoor shower.
The successful bidder will be required to pay at least a $100,000 deposit.
Clark drew a 5-year federal prison sentence in May when he was sentenced in Tulsa U.S. District Court as OK Energy Today reported. The 44-year old businessman also had homes in Sapulpa and was accused of filing 21 separate fraudulent claims for refunds of gasoline excise tax paid on gasoline and later sold to tax-exempt organizations. Those organizations included school districts and universities from 2010 through 2012 and the claims totaled $10,042,098.42.
Under Clark’s plea deal, he agreed to be held accountable for the entire $10 million dollars.
