MARLIN (September 24, 2013)—A Marlin man was facing federal charges Tuesday after FBI agents organized a sting in response to an alleged attempt to extort $4 million from an area educator.
FBI Agent Michelle Lee said Reginald Ricks, of Marlin, was arrested following a short pursuit after he went to a local park to retrieve an envelope that contained $400,000 in cash and checks.
That’s, the amount he agreed to accept to keep unspecified “derogatory information” quiet, according to an arrest warrant affidavit.
Ricks was booked into the Falls County Jail after his arrest on Sept. 16 and is now free on bond.
He is set for a preliminary hearing in federal magistrate’s court in Waco on Sept. 26
The arrest affidavit filed in the federal court says the victim, who was not named, contacted police on Sept. 14 and reported he was being blackmailed by a man who had threatened to make the derogatory information public, which could destroy his reputation.
The affidavit says the suspect initially demanded $4 million “in exchange for not disclosing the information “to the media, police, churches and the Texas Education Agency.”
The threat was made through text messages which traveled out of state during transmission, the affidavit said.
After talking to the FBI agent, the victim agreed to go along with a ploy in which he would agree to make the payment of $400,000.
The victim sent a text message to Ricks agreeing to the payment and was instructed to put the cash and a check in an envelope and then to leave it in a local park, the affidavit said.
Agents staked out the park, watched as the victim placed the envelope in the prearranged location and then waited until Ricks arrived to collect the money, the affidavit said.
As the agents approached him, Ricks got into his car and attempted to flee and during the short chase that followed, he threw the cash and a torn-up check out of a car window, but officers later recovered them, the affidavit said.
Police also found one of the bills in Ricks’ vehicle, the affidavit said.
Lee said she is waiting for the U.S. Attorney to specify the chapter of the U.S. Code under which Ricks will be charged.