The Times from Shreveport, Louisiana on October 25, 1986 · Page 5
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The Times from Shreveport, Louisiana · Page 5

Shreveport, Louisiana
Issue Date:
Saturday, October 25, 1986
Page 5
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The Times siirfvfport-iiossifr St.,Ori.2."i, 1906 S-A Arkansas probe nets 1 1 arrests on cocaine charges Official: Investigation mainly involves people in the higher socioeconomic group By BILL SIMMONS The Associated Press LITTLE ROCK, Ark. - Cocaine charges have been filed against 11 people, including three Little Rock investment bankers, U.S. Attorney George Proctor announced Friday. The investment bankers are Dan R. Lasater, 43, George E. "Butch" Locke Jr., 51, and David Collins, 41, who were partners in the Lasater, Locke and Collins firm. Proctor said Lasater and Locke would plead guilty and that Collins will make a statement of his own. Roger Clinton, brother of Gov. Bill Clinton, is an unindicted co-conspirator in two charges, including the charge against Lasater, Proctor said. He said there is absolutely no evidence of any involvement by the governor. Ten of the defendants were named in indictments returned Thursday by a federal grand jury. The 11th person consented to being charged by Proctor by information Friday rather than indictment. More than 100 people were questioned in the investigation, many were granted immunity and four or five others will be indicted, Proctor said. The investigation mainly involves people in the higher socioeconomic group and chiefly in Little Rock, Proctor said. A local-state-federal organized crime drug task force has handled the probe, but there is no evidence that organized crime is involved in the cocaine trafficking being investigated, Proctor said. Some of the cocaine distribution involved in these charges was distribution in a social setting, not for profit, Proctor said. Lasater and Collins are charged with conspiracy to distribute cocaine and possession with intent to distribute cocaine. They could be sentenced to 15 years in prison and fined $250,000. Locke, a former state senator from Hamburg, is accused of conspiracy to violate a federal law and illegal use of a telephone for a drug transaction. He could be sentenced to nine years and fined $500,000. Also indicted: Mitchell Wood, 40, of Little Rock; former Arkansas Razorback basketball player Keith Peterson, 27, of Little Rock; George Jefferies of Little Rock; Larry Kelly, 48, of Fort Lauderdale, Fla.; Donald Glenn Bradley, 35, of North Little Rock; Lee Curtis Berry, 42, of North Little Rock; James Brainard, 27, of Little Rock; and Bert D. Clayton, 42, of Little Rock. Peterson, Jefferies and Kelly are employees of investment banking firms and are charged with possession of cocaine, a misdemeanor with a maximum penalty of one year in prison and a $100,000 fine. Brainard, Berry and Clayton are charged with conspiracy to distribute cocaine and could be sentenced to 15 years in prison and fined $250,000. Berry has been Lasater's chauffeur. Clayton is a realtor. Brainard formerly worked for Lasater, Locke and Collins. Bradley is charged with distribu- CHURCH OF FIRSTBORN Spiritual Assembly! Eph 2:6 Bv Baptism, Col 2:12, 3:1-17 we 1 in I God! Eph 2:16, 4:4 Co-Help! 3 Jn 8, 2 Cor 8:14 Goal: Kingdom! Gal 5:21 All Come! S Wendt, 635-0113 SATURDAY SPECIALS! Petite, Missy, Half-Size DRESSES Reg. $52.00 to S92.00 Mi OFF! Sizes 6-16. 6-14, and I2'2-24'i . . . many styles, many colors, and fabrics. SUBURBAN STORES Terrific group . . GIRLS' FALL DRESSES Reg. SI 8.00 to S44 00 50 OFF! Sizes 4-6x and 7-14 in assorted styles, and colors. SUBURBAN STORES Select group . . . BOYS' DRESS SLACKS Reg. SI 6.50 to S22.50 25 7o OFF! Boys' sizes 4-7 and 8-14 . also prep sizes 25 to 30. SUBURBAN STORES Ask about our DEFERRED PAYMEYT PLAIV . . . Purchases made now can be billed to your account in January. 1987. Ask for it! SOUTH PARK OPEN SUNDAYS NOON TIL S P.M. Were it not for the use of cocaine in a social setting, there would be no sellers of 9 cocaine. George Proctor U.S. attorney tion of cocaine and conspiracy to distribute cocaine. The government says he conspired to buy IVz pounds of cocaine and sold cocaine by the pound. He could be sentenced to 20 years in prison and fined $35,000. He has agreed to give up $20,000 he made in a drug deal, Proctor said. Wood, an employee of the Arkansas Industrial Development Commission, and Locke are charged with conspiracy and could be sentenced to five years in prison and fined $250,000. On the telephone charge, Locke could be sentenced to four years in prison and fined $250,000. Besides the Lasater charge, Roger Clinton is an unindicted coconspirator in the charge against Wood. Roger Clinton pleaded guilty in January 1985 in federal court in Hot Springs to four counts of distribution of cocaine and one charge of conspiracy to distribute cocaine and was sentenced to two years in prison. The government agreed at that time not to charge Clinton with further crimes in exchange for his testimony in other cases. He was released from prison this spring. The Lasater, Locke and Collins firm no longer exists. Lasater had his own firm, Lasater & Co. of Little Rock, which he recently sold to two investors William D. McCord of Little Rock and R. Gene Smith of Lewisville. McCord is son-in-law of Locke. Collins also had his own firm, Collins and Associates of Little Rock, which closed last year with problems connected to the collapse of the Bevell, Bressler & Schulmann firm in New Jersey. "This case illustrates that this office, the grand jury and the task force will not stop with the sellers in this investigation," Proctor said. "Were it not for the use of cocaine in a social setting, there would be no sellers of cocaine. "This case also illustrates that the law not only prohibits the selling of cocaine for profit, but it also prohibits one person giving cocaine to another. Either a sale or a gift of cocaine amount to distribution in the eyes of the law. Both are illegal as is, of course, the mere possession of cocaine." Berry also was indicted Sept. 15 on six counts accusing him of distributing cocaine and being a felon in possession of a firearm. Roger Clinton was subpoenaed by the grand jury and testified Sept. 17, according to the governor. Roger said he "was going to cooperate and that he was not the target," the governor said. "He told me he was going to be called. I told him to go in there and tell the truth. He said he would and he said he did." The 1985 charges accused Roger of, among other things, buying cocaine in Little Rock on June 19, 1984, and selling it to an undercover state police trooper in Hot Springs. Prosecutors also said he had delivered a gram of cocaine to a police informant nine days earlier in Hot Springs. Roger, now 28, also testified in Hot Springs in February 1985 in the U.S. District Court trial of Sam Anderson Jr. of Hot Springs, an attorney, who was convicted of conspiring with Clinton and Maurice Rodriguez, a Columbian national who lived in New York City, to buy $32,000 worth of cocaine. Rodriquez and another defendant, Russell Ray Crump of Little Rock, pleaded guilty to conspiracy to distribute cocaine. Rodriquez was sentenced to three years in prison, Crump to one year in prison. Anderson was sentenced to three years in prison and was fined $6,000. The conspiracy developed after several people met at a party at the home of Joseph K. Mahony III, the son of state Rep. Joseph K. Mahony II of El Dorado, Crump said in a statement in court in 1985. SINCE 1885 'makes it home' ,ast Two Days Friday - 10AM-9PM Saturday - 10AM-6PM Now is the time to save on Exciting Fall Home Fashion. You'll reap the values! NO DOWN PAYMENT! Whan you buy ulng Havarty's Charga Plan. 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