Police: Men faked kidnapping to buy drugs

June 8, 2009 12:42:50 PM PDT
Two men have been arrested in an alleged scheme that included a fake kidnapping for drug money.Police say William David Holland, 45, went missing last week.

On Wednesday, June 3rd, his sister started receiving text messages indicating he had been kidnapped by drug dealers.

According to investigators, Holland said he was being held for ransom and needed his sister to pay cash to be released.

On Friday, Holland's sister agreed to meet the supposed drug dealer at the Wilmington train station, and pay $200 for his return. She paid an unknown man, however Holland was not there.

The next day, she received another text message saying she needed to bring $200 to the BP gas station on Martin Luther King Boulevard if she ever wanted to see her brother alive again. This time, she called police because she was afraid her brother would be killed.

Police say they were able to track the call to the cell phone of John Reynolds, 42, who lived in Wilmington. The sister negotiated a settlement with the supposed kidnapper, and agreed to deliver $50 to the gas station.

The man who took the money at BP was identified by undercover officers as Reynolds. Detectives were able to get a search warrant, and went to his home in the 500 block of Lafayette Boulevard.

There, police found both Reynolds and Holland in the home.

Police say Holland was in on the scheme, and both he and Reynolds conspired to "shake down" Holland's sister for money to buy crack cocaine.

They have both been charged with one count of extortion, two counts of theft, and three counts of conspiracy.

They have both been arraigned and released on $4,500 unsecured bail.

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