A federal jury has convicted Amherst resident Jack Reid, III, 46, of conspiracy to possess with intent to distribute five kilograms or more of cocaine and possession with intent to distribute cocaine.
The charges, which carry a mandatory minimum sentence of 20 years in prison, a maximum of life, and a fine of $20,000,000, were brought against Reid following a lengthy investigation by the Drug Enforcement Administration, the Lackawanna Police Department, and the Lockport Police Department.
Beginning in 1990 and continuing through April 2012, Reid allegedly used family members and others as drug couriers and distributors of multiple kilograms of cocaine. The cocaine was obtained from sources in Rochester, N.Y., New York City, and Atlanta, Georgia, and distributed in various areas throughout Erie and Niagara Counties.
According to court documents, throughout the course of the conspiracy, Reid acquired and distributed in excess of 70 kilograms of cocaine.
In a forfeiture proceeding, the Government will be seeking $1,000,000 in United States currency, including two residences owned by Reid in Williamsville, N.Y., and Amherst, N.Y., as well as three properties in the City of Buffalo.
The verdict is the culmination of an investigation on the part of the Drug Enforcement Administration, under the direction of Acting Special Agent in Charge James J. Hunt, New York Field Division, the Lackawanna Police Department, under the direction of Chief James Michel, and the Lockport Police Department, under the direction of Chief Lawrence Eggert.
Reid is scheduled to be sentenced on August 6, 2014, at 1:00 p.m. before U.S. District Judge Richard J. Arcara.
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Key Facts
- State: New York
- Category: Drug Trafficking|Fraud & Financial Crimes|Violent Crime
- Source: DOJ Press Release ↗
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