Reid facing four years in cocaine case

Staff report
The Aspen Times
Aspen, CO, Colorado

Wayne Reid, whom the Drug Enforcement Administration labeled the mastermind of an Aspen-to-Los Angeles cocaine-trafficking ring, is looking at 53 months behind bars.

That’s according to a motion filed Tuesday in Denver federal court by Assistant U.S. Attorney Michele R. Korver.

Korver’s motion noted that Reid is in line for a reduced sentence because of his cooperation with the DEA’s investigation into the coke case.

“In particular, Mr. Reid provided significant and corroborating information which assisted the United States in the prosecution of Montgomery Chitty,” the motion says.

On Feb. 28, a federal jury in Denver convicted Chitty, 61, a former Aspen resident, of conspiracy to distribute more than 5 kilograms of cocaine. He faces a mandatory minimum of 20 years behind bars. His sentencing is set for May 28.

“Although not called to testify (at Chitty’s trial), Mr. Reid was ready and willing to do so,” the motion says.

Reid, 66, originally faced nine felony counts after he and five other Aspen-area residents were arrested in May 2011. In January 2012, he pleaded guilty to one count of conspiracy to sell more than 5 kilograms of cocaine.