• Home
  • About
  • PPACA Severability Series

walshslaw

perspectives on law, from Richmond VA

Feeds:
Posts
Comments
« Attempt does not require an identified victim
Report on Fourth Circuit en banc oral argument in Abu Ghraib contractor appeals »

Profit margin on cocaine resale

January 25, 2012 by Kevin C. Walsh

The Fourth Circuit yesterday released an unpublished per curiam opinion in United States v. Stallworth affirming the life sentences of two individuals convicted of participating in a drug-trafficking conspiracy after having two prior felony drug convictions. The panel consisted of Judge Niemeyer, Judge Gregory, and Judge Agee.

According to the opinion, the conspiracy “would purchase a kilogram of cocaine for around $25,000 and then would cook it into crack cocaine, which members were able to sell for between $36,000 and $42,000.” If these numbers are accurate, they are surprising. For an activity that carries such serious consequences, one would expect the profit margin to be higher.

Share this:

  • Share
  • Email
  • Twitter
  • Facebook
  • Google +1
  • Digg
  • Print
  • Reddit
  • StumbleUpon
  • LinkedIn

Like this:

Like Loading...

Posted in Fourth Circuit, Law | Tagged Agee, buyer/seller, cocaine, conspiracy, crack, drug convictions, drug trafficking, Gregory, life sentences, Niemeyer, profit margin | 1 Comment

One Response

  1. on January 25, 2012 at 1:53 pm Walsh

    Perhaps they didn’t know the consequences . . . .



Comments are closed.

  • Twitter Feed

    • RT @adamliptak: Scalia in @MarciaCoyle's new book: as law prof "I never once signed on to an amicus brief"; it's not "a proper role for the… 14 hours ago
    Follow @kevincwalsh
  • Archives

    • May 2013
    • April 2013
    • March 2013
    • February 2013
    • January 2013
    • December 2012
    • November 2012
    • October 2012
    • September 2012
    • August 2012
    • July 2012
    • June 2012
    • May 2012
    • April 2012
    • March 2012
    • February 2012
    • January 2012
    • December 2011
    • November 2011
    • October 2011
    • September 2011
    • August 2011
    • July 2011
    • June 2011
    • May 2011
  • Categories

    • Catholic
    • Fourth Circuit
    • Law
    • News
  • Pages

    • About
    • PPACA Severability Series
  • Popular Tags

    ACA ACCA Affordable Care Act Agee Anti-Injunction Act class action conspiracy Davis Diaz Duncan en banc facial challenge First Amendment Floyd Fourth Amendment Fourth Circuit Gregory Hamilton HCR healthcare health care reform healthcare reform HHS individual mandate jurisdiction Keenan Keith King Motz Niemeyer RFRA Richmond Scalia sentencing severability Shedd Sixth Circuit standing Supreme Court Third Circuit Traxler Virginia Virginia v. Sebelius Wilkinson Wynn

Blog at WordPress.com.

Theme: MistyLook by WPThemes.


Follow

Get every new post delivered to your Inbox.

Join 244 other followers

Powered by WordPress.com
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.
%d bloggers like this: