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What you need to know for 08/16/2017

Cocaine valued at $40K found in Schenectady raid; man charged

Cocaine valued at $40K found in Schenectady raid; man charged

Police found so much cocaine in a raid this morning that they charged the alleged owner with the hig

Police found so much cocaine in a raid this morning that they charged the alleged owner with the highest level felony.

Police said they found 8 ounces of cocaine at 722 Congress St. That much cocaine is highly unusual — and very valuable. Police estimated the street value at $40,000.

In the raid, police arrested Christopher D. Smith, 27, of 722 Congress St. He was charged with criminal possession of a controlled substance in the first degree, a class A1 felony.

Top-level felonies have a maximum punishment of life in prison and a minimum of 15 years.

He was also charged with third-degree possession of a controlled substance, which is also a serious felony.

Police said they also found $5,410 in cash at the apartment.

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