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Two Winnipeg businessmen going to prison for tax evasion

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.