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HomeFinancial Fraud$5 million charity tax fraud to cost brothers their freedom

$5 million charity tax fraud to cost brothers their freedom

A pair of tax consultant brothers will spend more than four years in jail for running a murky scheme which defrauded Canadian taxpayers of millions by issuing fake receipts from a charity started to build a hospital in Bangladesh. Fareed Mohammed Raza, 42, and Saheem Mohammed Raza, 35, have been sentenced to 51 months each after being found guilty of using a real charity as a vehicle to help their clients avoid paying nearly $5 million in taxes.

By Jason Proctor
Read the full article at CBC News.

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