MEMPHIS, Tenn — The former owner of Ching’s Hot Wings in Memphis is facing charges of theft after being indicted by a grand jury.
Veniece Bobo, 65, was indicted on two Class B felony counts of theft of property over $60,000. She is out of jail after posting a bond of $10,000, which was reduced Thursday, Oct. 5, from $110,000.
The special investigations section of the revenue department worked the investigation, leading to Bobo’s arrest and indictment, which occurred Sept. 26, 2023, according to the department.
Bobo could be sentenced up to 12 years in the state penitentiary and fined up to $25,000 for each of the charges if convicted, the department said.
“Investigations, such as this one, should warn retailers that failing to properly remit all the sales tax monies they collect is a crime,“ said Revenue Commissioner David Gerregano, according to the press release. “The taxes collected from customers are property of state and local governments. Customers have a right to know that the tax they pay will be remitted to the state and used for public good.”
The department worked with the Shelby County District Attorney's Office in pursuing this case.