BUFFALO, N.Y. (WIVB) — A man accused of laundering more than $1 million through western New York to California in just a few months after distributing drugs is facing federal charges in Buffalo.
A federal grand jury indicted 25-year-old California man Jose Manuel Lua-Guizar on charges of conspiracy to possess with intent to distribute, and to distribute, five kilograms or more of cocaine and money laundering conspiracy.
The charges stem from an investigation that uncovered distribution of cocaine in Buffalo between February and December of 2014 and efforts to funnel and traffic the profits from those sales back to California from April 2014 through December 2014.
Officers say the scheme netted profits of just over $1 million, which they funneled back to California.
If found guilty of the crimes, Lua-Guizar faces between 10 years and life behind bars and a fine of up to $10 million.