Businessman indicted on cocaine trafficking charges
Published: Thursday, October 03, 2002
TYLER (AP) — An East Texas businessman who owns a concert hall was free on bond Thursday after he was indicted on cocaine trafficking charges.
Bobby Joe Manziel's Oil Palace in Tyler has been a venue for rock and country acts such as Don Henley, George Jones and Merle Haggard.
Manziel, 63, was arrested Wednesday by FBI agents at his downtown office after a federal grand jury handed up a two-count indictment. The businessman and Jimmy Stanton of Red Oak are charged with one count of conspiracy to possess with intent to distribute and distribution of 500 grams to 5 kilograms of cocaine.
A second count accuses the pair of aiding and abetting each other in the actual possession with intent to distribute and distribution of the drug, said U.S. Attorney Matthew Orwig.
Manziel's bond was set at $100,000 by U.S. Magistrate Judge Harry W. McKee. The businessman was later released and faced arraignment at 10 a.m. Friday. A pretrial hearing was also set for Nov. 12 before U.S. District Judge Leonard Davis.
Each defendant, if convicted, faces a prison sentence of up to 40 years and a fine up to $2 million on each count.
According to the indictment, Manziel used or intended to use his residence and surrounding property as well as his 2002 Chevrolet truck to commit or facilitate the drug offenses.