Pour about 1 inch of virgin olive oil into a heavy bottomed pot or a dutch oven and heat over medium heat until 360F (insert a heatproof thermometer into the oil, without touching the bottom and check the temperature, or use a thermometer that attaches to the side of the pot).

Now working quickly, use a 1 tablespoon ice cream scoop or a regular tablespoon to spoon 1 tablespoon of dough into a flour filled bowl. Roll the ball in the flour, then roll between the palms of your hands into a ball. Transfer to a well floured surface.

Once the oil has heated to 360F, drop the rolled doughnut balls into the oil and fry for about 3-4 minutes or until deep golden color. The doughnuts should turn on their own, but if you overcrowd the pot they might need a little help turning. You can tear one doughnut apart to make sure they're cooked all the way inside.

Remove the fried doughnuts to a paper towel lined plate. Serve hot with a choice of jam, condensed milk or chocolate ganache.

Allow the frying oil to cool, then discard.