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Wallace D. Peace, Conspiracy to Possess Crack Cocaine, New York 2008

A Buffalo man has pleaded guilty to conspiracy to possess with intent to distribute more than 280 grams of crack cocaine, in a case that was set to go to trial today.

Wallace D. Peace, 39, of Buffalo, New York, pleaded guilty before U.S. District Judge Richard J. Arcara to the charge, which carries a mandatory minimum penalty of 20 years in prison, a maximum of life, and a fine of $8,000,000.

According to Assistant U.S. Attorneys Mary Clare Kane and George C. Burgasser, who handled the case, Peace was intercepted over New York State wiretaps on numerous occasions between January 2008 and July 29, 2008, discussing cocaine-related transactions.

These conversations included attempts to arrange to purchase cocaine from multiple sources of supply and discussions of the purchase and sale of crack cocaine.

On July 29, 2008, law enforcement officers executed a search warrant at Peace’s residence and seized digital scales, cell phones, packaging material, 129 grams of crack cocaine, small quantities of cocaine and marijuana, $1,157 in United States currency, and two firearms.

Peace was arrested along with 30 other defendants in July 2008, and all 31 defendants now stand convicted.

The plea is the culmination of an investigation on the part of Special Agents of the Drug Enforcement Administration, under the direction of James J. Hunt, Acting Special Agent in Charge, New York Region; Special Agents of the Bureau of Alcohol, Tobacco, Firearms and Explosives, under the direction of Thomas J. Cannon, Special Agent in Charge; and the Buffalo Police Department, under the direction of Commissioner Daniel Derenda.

Sentencing is scheduled for June 6, 2014, at 1:00 p.m. before Judge Arcara.

The defendant’s real full name is Wallace D. Peace. The exact criminal charge is conspiracy to possess with intent to distribute more than 280 grams of crack cocaine. The city and state are Buffalo, New York. The exact date of the arrest was July 2008. The sentence or outcome is a mandatory minimum penalty of 20 years in prison, a maximum of life, and a fine of $8,000,000.

The dollar amount involved is $8,000,000. Wallace D. Peace is a defendant/respondent. The date of the crime was between January 2008 and July 29, 2008. The crime occurred in Buffalo, New York.

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