Home News Local news FEDS CHARGE ESTATE PROFIT MAN IN COCAINE BUST

FEDS CHARGE ESTATE PROFIT MAN IN COCAINE BUST

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A 29-year-old Estate Profit man was arrested Friday on charges of involvement in a 1998 cocaine deal. Police said cocaine was found in his car when he was busted.
According to U.S. Attorney James Hurd Jr., Miguel "Cheechong" Diaz was wanted for selling 241.4 grams of powder cocaine to a "confidential source" in 1998. On Friday, officers of the High Intensity Drug Trafficking Area Task Force spotted Diaz in the Profit area and stopped him.
When officers approached Diaz’s vehicle he allegedly placed a plastic bag containing a white substance under the driver’s seat, said Hurd in a release. After Diaz was arrested, officers searched under the seat and discovered what was confirmed to be 282.7, or about 10 ounces, of powder cocaine and approximately 37 grams of suspected crack cocaine.
Diaz had his initial appearance before U.S. Magistrate Jeffrey Resnick on Friday and was ordered held in custody pending a detention hearing on July 18. He is charged with possession of a controlled substance with intent to distribute and faces a mandatory minimum sentence of 10 years to a maximum sentence of life in prison and a $4 million fine.

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