The Briefing Room

General Category => National/Breaking News => Topic started by: corbe on March 12, 2019, 01:37:01 am

Title: ICE makes biggest cocaine bust in 25 years: $77M seized at New Jersey port
Post by: corbe on March 12, 2019, 01:37:01 am
ICE makes biggest cocaine bust in 25 years: $77M seized at New Jersey port

by Anna Giaritelli

March 11, 2019 09:18 PM


Federal law enforcement officers assigned to the Port of New York and New Jersey in Newark, N.J., made the largest discovery of cocaine in nearly 25 years last month when they found $77 million worth of cocaine inside a shipment container that had just arrived from overseas.

Immigration and Customs Enforcement said Monday that approximately 3,200 pounds of cocaine was found in the large container on Feb. 28.

“This is a significant seizure, in fact it is the largest cocaine seizure at the Port of New York/Newark since May 1994,” Troy Miller, director for Customs and Border Protection's New York Field Operations, said in a statement.

<..snip..>

https://www.washingtonexaminer.com/news/ice-makes-biggest-cocaine-bust-in-25-years-77m-seized-at-new-jersey-port (https://www.washingtonexaminer.com/news/ice-makes-biggest-cocaine-bust-in-25-years-77m-seized-at-new-jersey-port)
Title: Re: ICE makes biggest cocaine bust in 25 years: $77M seized at New Jersey port
Post by: Smokin Joe on March 12, 2019, 01:38:16 am
Well, someone is dead, or will be. Bad business decision.
Title: Re: ICE makes biggest cocaine bust in 25 years: $77M seized at New Jersey port
Post by: InHeavenThereIsNoBeer on March 12, 2019, 08:47:27 am
Whatever.   Since they're going to destroy the half or so that doesn't "disappear", it's not really worth $77M.
Title: Re: ICE makes biggest cocaine bust in 25 years: $77M seized at New Jersey port
Post by: Smokin Joe on March 12, 2019, 09:03:43 am
Whatever.   Since they're going to destroy the half or so that doesn't "disappear", it's not really worth $77M.
Likely street pricing (1 kilo=1000 grams (uncut)=$100,000.00, +/- at $100/gram), not wholesale, anyway.
77 million=1694 pounds of powder....
I have little doubt a bunch will get 'misplaced'....