Drug Dealer Sentenced to Life Imprisonment
United States Attorney Jane J. Boyle announced that Arlington, Texas, resident, Kevin Shed, age 34, was sentenced Friday by the Honorable John H. McBryde to life imprisonment, following his guilty plea earlier this year to conspiracy to distribute controlled substances and conspiracy to commit money laundering. Shed, who was responsible for the distribution of large amounts of narcotics in the Fort Worth, Texas, area, was also ordered to forfeit a residence located at 4709 Layla Road, in Arlington, Texas.
“The life sentence by the federal court rendered against Mr. Shed is significant and announces to the public the positive impact that can be produced through outstanding cooperation between the investigative agencies and the U.S. Attorney’s Office to stop repeat offenders like Mr. Shed,” said Gary G. Olenkiewicz, Special Agent in Charge, Dallas Field Division, Drug Enforcement Administration.
Special Agent in Charge, Michael D. Lacenski, Internal Revenue Service - Criminal Investigation said, “IRS Criminal Investigation is committed to fighting the war on drugs along with other federal, state and local agencies. Our investigators have the financial expertise to disrupt drug organizations and the people that profit from peddling drugs in our communities.”
Kevin Shed admitted that beginning in 1999 and continuing until November 5, 2003, he, Paula Holland, Quincy Levine and Alan Williams conspired to possess with intent to distribute cocaine and crack cocaine. Shed would obtain multi-kilogram quantities from suppliers of cocaine and then either sell the cocaine or produce crack cocaine for distribution. Shed then had co-defendants, Paula Holland, Quincy Levine, Alan Williams and others distribute the controlled substances as well as collect payments for the narcotics.
Shed also admitted that during the same time period as mentioned above, he used the proceeds that he generated from the distribution of controlled substances to acquire assets, including luxury vehicles and a house, and to take trips. Shed engaged the assistance of his father, Robert Shed, and others to purchase and title assets in their names while he gave them cash or money orders to make payments. These transactions were specifically intended to disguise the source, ownership, location and control of the proceeds.
Co-defendants Paula Holland, Robert Shed, Alan Williams and Quincy Levine have pled guilty to their involvement. Holland was sentenced to 151 months imprisonment; Robert Shed was sentenced to 24 months imprisonment; Alan Williams was sentenced to 15 years imprisonment; and Quincy Levine was sentenced to 30 years imprisonment.
United States Attorney Boyle praised the investigative efforts of the Internal Revenue Service - Criminal Investigation and the Drug Enforcement Administration. The case was prosecuted by Assistant United States Attorney Aisha Saleem.