October 20, 2010
James Ginesi, Jr., 50, owner of Big Jim’s Cycle, LLC, has been arrested on charges that he stole sales tax he collected from customers, the Florida Department of Revenue announced.
Mr. Ginesi, of Cape Coral, was arrested by the Lee County Sheriff’s Department today on a felony charge relating to theft of state funds. If convicted, he faces up to 5 years in prison and up to $5,000 in fines, as well as possible repayment of stolen tax, interest, penalty and investigative costs. The business is located at 2621 North East 9th Street in Cape Coral.
According to Revenue Department investigators, Mr. Ginesi collected tax from customers at his business. However, during various periods beginning in 2009 and lasting through periods in 2010, he failed to send to the state all of the sales taxes that he had collected. Investigators found the Mr. Ginesi stole more than $6,000. Under state law, sales tax is the property of the state at the moment of collection.
"Most Florida businesses do an excellent job of meeting the state's requirements for collecting and submitting sales tax, which pays for services Floridians need," said Lisa Vickers, Executive Director, Florida Department of Revenue. "Individuals who collect tax but don't send it in are stealing taxpayer dollars and gaining an unfair financial advantage over honest businesses. It's our job to ensure that Florida's tax laws are administered fairly."
If you have information about tax crimes, please call the Florida Department of Revenue investigations office in Ft. Myers at 239-338-2426.
Note: Due to the confidential nature of taxpayer records, generally the information found in this release is the only information available from the Department of Revenue concerning this matter. Other information may be available through the arresting agency and the local Clerk of Court.