December 3, 2010
Amy E. Cain, 36, former owner of Shoo Fly Shoo Inc., a retail store that specialized in ladies shoes and handbags in Destin, has been arrested. Ms. Cain was arrested on charges of theft of state funds she collected in sales tax from customers, but failed to send in to the state, the Florida Department of Revenue announced.
Ms. Cain surrendered to deputies of the Okaloosa County Sheriff’s Department on December 3, 2010 on multiple felony charges relating to theft of state funds and failure to file six consecutive returns. If convicted, she faces up to 5 years in prison and up to $5,000 in fines, as well as possible repayment of stolen tax, interest, and investigative costs. The store was located at 36150 Emerald Coast Parkway, in Destin.
According to Revenue Department investigators, Ms. Cain collected tax from customers at her business. However, during various periods beginning in 2006 and lasting through periods in 2008, she failed to remit to the state all of the sales taxes that she had collected or file sales tax returns as required by law. 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 Pensacola at 850-595-5188.
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.