U.S. Attorney Kenneth A. Polite announced that BAKEER RASHED, JR., 33, of Houston, pled guilty today to a one-count superseding Bill of Information charging him with conspiring to distribute 500 grams or more of cocaine hydrochloride.

According to court documents, from July 25, 2006, through February 19, 2007, RASHED conspired to distribute more than 500 grams of cocaine hydrochloride with co-conspirators living in Louisiana. RASHED was the point of contact for facilitating numerous drug deals.

RASHED faces a sentence of not less than five years but not more than 40 years of incarceration, a fine of not more than $5,000,000 and supervised release of not less than four years. U.S. District Judge Ivan L.R. Lemelle set sentencing for October 14, 2015.

U.S. Attorney Polite praised the work of the Federal Bureau of Investigation with assistance from the St. Tammany Parish Sheriff’s Office in investigating this matter. Assistant United States Attorney Edward J. Rivera is in charge of the prosecution.