Diamond “Dime-Bag” Floyd Sentenced to More Than 11 Years for Multiple Counts of Armed Drug Trafficking | USAO-SC

Charleston, South Carolina — United States Attorney Peter M. McCoy, Jr., announced today that Diamond Floyd, also known as “Dime-Bag”, 24, of Charleston, was sentenced to more than 11 years in federal prison after pleading guilty to three counts of drug trafficking and possessing firearms in furtherance of drug trafficking.

Evidence presented to the court showed that Floyd was involved in trafficking marijuana in the Lowcountry since at least 2018. On June 27, 2019, agents and officers with a Drug Enforcement Administration (DEA) Task Force and the Charleston Police Department searched Floyd’s home pursuant to a warrant. In her home, they located 800 grams of marijuana, over $34,000 in cash, a 9mm handgun, a .357 handgun, and a Micro Draco AK. Furthermore, on August 22, 2019, the Charleston Police Department responded to a complaint of a housing resident stating drug dealers had taken over the home. When officers arrived, Floyd jumped out of a second-story window. Officers located marijuana and two additional handguns at the residence and more marijuana on Floyd.      

Senior United States District Judge Margaret B. Seymour sentenced Floyd to 138 months in federal prison, to be followed by a five-year term of court-ordered supervision.  There is no parole in the federal system.

The case was investigated by the DEA Task Force, Homeland Security Investigations (HSI), and the Charleston City Police Department. This case was prosecuted as part of the joint federal, state, and local Project Safe Neighborhoods (PSN), the centerpiece of the Department of Justice’s violent crime reduction efforts.  PSN is an evidence-based program proven to be effective at reducing violent crime. Through PSN, a broad spectrum of stakeholders work together to identify the most pressing violent crime problems in the community and develop comprehensive solutions to address them. As part of this strategy, PSN focuses enforcement efforts on the most violent offenders and partners with locally based prevention and reentry programs for lasting reductions in crime. Assistant U.S. Attorney Jamie Lea Schoen of the Charleston office prosecuted the case.

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The year 2020 marks the 150th anniversary of the Department of Justice. Learn more about the history of our agency at www.Justice.gov/Celebrating150Years.

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