Two Vancouver-area brothers have been sentenced to 51 months in prison each after committing an $11-million tax fraud. As tax preparers, the brothers issued false donation receipts to 781 clients in the amount of $11 million in exchange for cash donations not passed on to a Bangladesh charity. The clients filed income tax returns in which they used the false donation receipts to claim deductions for which they were not entitled, to avoid paying $4.9 million in taxes. The fraud occurred from December 2002 to June 2011.
By: Keith Fraser
Read the full article on: Vancouver Sun
