Two Arizona men pleaded guilty to conspiracy to possess with intent to distribute five kilograms or more of cocaine, in federal district court in Phoenix last week. Regino Serrano-Cosio, 39, of Peoria, Arizona and Felix Angulo-Parra, 30, of Tolleson, Arizona are facing maximum penalties of life in prison, a $10,000,000.00 fine, or both.
Both defendants are scheduled to be sentenced before Chief Judge Silver, Angulo-Parra on July 23, 2012, for their convictions for conspiracy to possess with intent to distribute five kilograms or more of cocaine.
According to court documents, Serrano-Cosio was employed as a truck driver for K & A Transportation, a trucking company owned by Angulo-Parra. On Sept. 28, 2011, Angulo-Parra met Serrano-Cosio at his semi-truck in order to obtain a shipment of cocaine. When law enforcement officers arrived at the semi-truck, Serrano-Cosio was in the process of hiding 20 packages of cocaine behind a speaker cover in the cab. The cocaine weighed approximately 21 kilograms, with a value of up to $483,000 in Arizona. Serrano-Cosio was going to transport the cocaine to a customer in Philadelphia, Pa.
The investigation in this case was conducted by the Drug Enforcement Administration, the Glendale Police Department, the Peoria Police Department, the Buckeye Police Department, the Surprise Police Department, and the Maricopa County Attorney’s Office.