Knoxville Businessman Indicted On Tax Evasion, Theft Charges

Knoxville (WVLT) -- The owner of a popular North Knoxville eatery has been arrested for sales tax evasion and theft.

Kenny Cecil Owen, the owner of Micko's at 5210 Schubert Road, was taken into custody on Thursday by special agents with the Tennessee Department of Revenue.

The arrest came two weeks after a Knox County grand jury handed down a 31-count indictment detailing his crimes.

According to the indictment, Owen is charged with 30 class E felony's for sales tax evasion and one class D felony for theft of over $10,000.

Investigators say he failed to report taxable sales worth nearly $330,000 and collected another $30,000 without paying it to the state.

His bond has been set at $10,000.

Owen faces up to two years in the state penitentiary and a $3,000 for each Class E felony count.

For the Class D felony, he could face up to four years in prison and a $5,000 fine.

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