El Dorado County authorities have arrested the owners of Poor Red's Bar-B-Q - a local institution in Diamond Springs - on suspicion of tax evasion and insurance fraud.
Michael and Brenda Adams are accused of evading almost $350,000 in taxes over the last six years, according to a news release from the El Dorado District Attorney's office.
Prosecutors have filed a complaint against the Adamses in El Dorado Superior Court alleging more than 30 counts of tax evasion and insurance fraud, the release states.
Search warrants were executed today at the couple's residence and business by El Dorado sheriff's deputies, District Attorney's investigators and agents from the Franchise Tax Board, Employment Development Department and the Board of Equalization.
The couple are being held in lieu of $350,000 bail in the El Dorado county jail in Placerville.
Poor Red's opened in 1948 and is best known for its signature drink, the Golden Cadillac, a frothy blend of Galliano, half-and-half, white cream de cacao and ice.