CINCINNATI — A federal judge today gave Ronald Peters, identified as Pete Rose's bookmaker, a greatly reduced prison sentence on cocaine and tax evasion charges.
U.S. District Judge S. Arthur Spiegel credited Peters, 32, for his cooperation with federal prosecutors as he sentenced him to 24 months in jail on charges of cocaine distribution and making a false statement on his income taxes.
Peters, 32, could have been sentenced to a maximum 23 years on the two charges, but federal prosecutors had asked Spiegel for a maximum 14-month sentence in return for Peters' cooperation.
Federal regulations exclude the possibility of parole on the cocaine charge.
Peters expressed remorse during his sentencing hearing, at which he formally pleaded guilty to the charges.
"I do want the court to know I painfully regret every charge," Peters said.
Peters later declined to comment on the sentence. Spiegel also declined to be interviewed.
Peters' attorney, James Ruppert, had hoped for a sentence of eight to 14 months but said he was not surprised by Spiegel's decision.