The Saker Sisters CRA Scam
I thought this article was an interesting look at the Sakar Sisters, and the rise and falls of an $56 million dollar food empire. (Housewives in Heels)
https://www.macleans.ca/longforms/ho...t-of-millions/
https://www.cbc.ca/news/canada/nova-...akes-1.6363688
Quote:
A Nova Scotia Supreme Court justice says rather than self-described housewives who make cupcakes, four Cape Breton women baked up an elaborate tax fraud scheme.
In Thursday's verdict, Justice Robin Gogan found defendants Lydia Saker and daughters Nadia Saker, Angela MacDonald, Georgette Young, and their 10 companies guilty of 20 charges — half of which were related to fraud. The remaining convictions came under the federal Excise Tax Act.
It was all a part of a $3.6-million tax fraud scheme related to GST and HST refunds that the Canada Revenue Agency say escalated in size between January 2011 and July 2015.
"The magnitude of the fiction in this case is breathtaking," Gogan said. "The hubris of it is shocking. When CRA began to review, and later audit the credit returns, the defendants doubled down on their fraud by supplying fictitious invoices and amending claims in an attempt to hide the massive scale of their fraud."
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