January 28, 2008
COLUMBIA, S.C.---The sentencing of former South Carolina Treasurer Thomas Ravenel on cocaine charges has been postponed.
No new date has been set yet by U.S. District Judge Joseph Anderson.
Ravenel pleaded guilty to conspiracy to possess with intent to distribute cocaine in September. He could face up to 20 years in prison and a $1 million fine.
His plea agreement called for a reduced sentence because he helped prosecutors with their investigation. Ravenel's attorneys argued in court that he should not receive any prison time.
A co-defendant, Michael Miller of Charleston, pleaded guilty to two federal drug charges. Miller admitted selling cocaine to Ravenel.
The Associated Press contributed to this story.