Out of Storage: Lifestyles of the lowly bankrupt bureaucrats

By Van Smith

Baltimore, Jan. 7, 2019

When the Feds came down on the Baltimore-based Rice Organization in 2005, the politically connected violent drug-dealing enterprise had been operating largely with impunity for about a decade. As the facts unfolded in drips and drabs with successive court filings in the hotly contested RICO case that ensued in U.S. District Court in Baltimore, and real-life parallels to themes in the then-running HBO series The Wire became apparent, I took notes.

There was George Butler, already a star on the streets for his appearances in the Stop Fucking Snitching DVD. There was actress Jada Pinkett Smith, co-owning an East Baltimore property with Rice Organization co-conspirator Chet Pajardo. There was the backstory on the multiple stabbing that had occurred during Kevin Liles’ birthday bash at Hammerjacks nightclub in 2002. There was Robert Simels, the bigshot NYC attorney who kept showing up in connection with players I was writing about, and who ended up going to prison himself, for witness-tampering in connection with a Guyanese death-squad drug-dealer he was defending. There was Eric Clash, cooperating with the government and living to tell about it. The story just kept on giving, and kept on connecting to other matters I was pursuing.

So when I picked up some old investigative records of mine from storage earlier today, the name “Raeshio Rice” popped up off the page. Back in the day, I’d poured over bankruptcy filings that I’d connected, through various other public records, to Rice Organization players. People go bankrupt for any number of reasons, but sometimes when a crime figure suddenly loses income as the law enforcers close in, people close to them may start to suffer sudden financial hardship.

Brothers Howard Rice and Raeshio Rice, ages 38 and 32 when the indictment came down in 2005, were the leaders of the outfit, and Raeshio’s name appeared in connection with his mother’s 2004 bankruptcy case. Her listed occupation was “program coordinator” for “the City of Baltimore” since 1994, earning less than $50,000 annually. Her 1999 Bentley Arnage had already been repossessed early in 2004, but she still had payments to make on the 1998 Mercedes Benz E320 station wagon that was titled in Raeshio Rice’s name.

Another 2004 bankruptcy case tied via public records to the Rice Organization featured a woman who’d worked for 29 years as a case worker for the Maryland Department of Social Services, earning a little over $35,000 a year. Among her assets: times shares in Massanutten Resort in Virginia and St. Martin Island in the Caribbean.

A Bentley and vacations at the Friendly Island – not bad for a couple of low-level civil servants.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s