Two Winnipeg businessmen going to prison for tax evasion

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Neil Friesen and Jeff Dyck have both been sentenced to three years in prison after pleading guilty to two counts of tax evasion for their roles in a company called One World United Inc.

False tax write-off scheme

The court also ordered them to pay fines of more than $1 million each, but because they didn’t have the money to pay, they each received an extra year on top of their sentences. Both men were immediately taken into custody. During a sentencing hearing last fall, the crown said the pair created and marketed a false tax write-off scheme using One World United and brought about 325 investors into the company. 

Read more at CBC News.

This article is summarized by Canadian Fraud News Inc.