California man admits conspiracy to distribute 15 kilos of cocaine

Christopher “Farley” Woods, 57, of San Clemente, Calif., pleaded guilty Thursday to conspiracy to distribute cocaine, Idaho's U.S. Attorney Wendy J. Olson announced.

Woods was indicted by a federal grand jury in Boise this past August. According to the plea agreement, Woods admitted that between 2008 and 2015 he conspired to distribute cocaine by supplying co-conspirators in Idaho and Utah with 15 kilograms of cocaine. He also admitted to selling each kilo for $35,000. As part of his plea agreement, Woods agreed to forfeit $1.4 million in cash proceeds, his Orange County residence, $77,400 in seized currency and three million shares of stock.

Conspiracy to distribute cocaine is punishable by at least five and up to 40 years in prison and a fine of up to $5 million. Sentencing is set for May 24 at the federal courthouse in Boise.