Print This Post Print This Post

‘Drug Lord’s Millions’ Seized In Colombia House Raid

[Nothing will stop St. Germain’s bank from opening!  The 13 families are in a final panic trying to grab funds any way they can. T]

October 5, 2010

By Jeremy McDermott
BBC News, Bogota

Colombian police have found $29m (£18m; 21m euros) and 17m euros from suspected drug payments in a house in Bogota.

The money is believed to be drug payments from Mexican cartels to Colombia’s top drug trafficker, Daniel “The Madman” Barrera.

It brings to $140m the total of cash seized in just more than a month.

Intelligence sources told the BBC they believe Mr Barrera is in Venezuela, beyond the reach of both Colombian and US authorities.

Police acting on a tip-off raided a house in southern Bogota, uncovering bricks of cash.

The money is believed to be payment from Mexican cartels for multi-ton consignments of cocaine sent by Mr Barrera, Colombia’s most wanted drug trafficker, for whom the US is offering a $5m reward.

It seems the security forces have penetrated the kingpin’s network, as this is the fourth seizure in little more than a month.

Though the police have been able to track the Colombian drug lord’s money, they have not had any luck finding him.



Did you like what you read here? If so, please be kind enough to donate to support the cause (click HERE). It takes time and money to create a website like this and I love doing it so anything would be very much appreciated. And I’ll personally email you a free thank-you gift in returnmy 214 page ebook about debt, credit, bankruptcy, investing and much more!

BBS Radio. There are no equals! Get Archive Access Now

Related Articles:


Filed Under: FeaturedHeadlinesNews Articles

Tags: , , ,

Leave a Reply

You must be logged in to post a comment.

Page optimized by WP Minify WordPress Plugin