RedactedNarrative: Operator of vessel #1 and operator of vessel #2 were cruising side by side along the shoreline going fairly fast when operator of vessel #2 decide to turn too short and collided with vessel #1.  Both were thrown from their vessels into the water.  Neither were injured, but vessel #1 had a hole in the hull and began sinking.  Operators were pulled out of the water by friends on shore and the vessels towed into shore.  Neither operator had a boaters certificate.  Both vessel owners were charged with Owner Allowing Illegal Operation.  Both operators were wearing life jackets.