California man indicted on charges of laundering drugs and money in Buffalo

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.

WIVB.com provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review. Note: Comments containing links are not allowed.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s