$0.00 dollar taxes owing on T1 (scam) help!

friendofafriend · Post by **friendofafriend** » Thu Mar 18, 2010 6:41 pm

Hi folks, I don't know what to do. I have some friends who found this guy that fills in their CRA T1 forms with a 0$ owing return. I don't know what loophole he thinks he found. The only info I can find in this Eldon G Warman fellow with a detaxcanada website.

Anyhow, this is getting out of control. I have 5 friends (all over 25 making 50000+) who have been duped into doing it. The guy doesn't sign anything. For some reason he is also backfilling for previous years, all 0 owing, and they're receiving huge cheques. He gets 40% cut on all cheques, via money order, to a company called Financial Solutions Inc. (I looked them up couldn't find anything). Located in Oshawa ON.

I want to know what will happen to my friends. I want to meet this guy to get his full name so that at least I can try to guide my friends in the right direction when the government takes their homes and cars away. At least I will have his name.

Any thoughts?

nelsona · Post by **nelsona** » Fri Mar 19, 2010 10:47 am

They've been rooked.

Stay away. Why would you even want to meet this jerk?

friendofafriend · Post by **friendofafriend** » Sat Mar 20, 2010 6:44 am

Has everyone ever heard of the 0 dollar taxes owing scam?

nelsona · Post by **nelsona** » Sat Mar 20, 2010 2:41 pm

Yes. So drop it.

Tue Mar 23, 2010 11:41 am

Any scheme which purports to allow you to entirely opt out of taxation in Canada or the U.S. is a scam, and is totally illegal.

Do not follow the advice given by these crooks, or you will likely end up with huge fines, in jail, or both.

This topic is closed.