Drug ring hid $1B worth of coke on a single ship
freightwaves.com
freightwaves.com
So I would imagine the cartels running the actual coca production sites that sell to the people selling for $5k… is probably $1k or so, $2.5k at the very most.
There’s reasons Chapo and such had literally billions in cash just sitting in warehouses being eaten by rats. They make a looot of money
But... you'd be surprised, people are lazy.
Actually, a more common failure mode than rotting or rats is... simply forgetting where you buried it!
> I know that Pablo was earning so much cash that each year we would simply write off approximately 10 percent of our money because the rats would eat it or it would be damaged beyond use by water and dampness.
https://www.google.com/books/edition/The_Accountant_s_Story/...
https://www.britannica.com/list/pablo-escobar-8-interesting-...
https://en.wikipedia.org/wiki/K_Foundation_Burn_a_Million_Qu...
Like, if there’s ever a description of zero fucks given, I think it would have something to do with letting that much money get ruined by rats.
I see multiple other replies of the citations so I won’t repost
@jdavis703 I’m doubtful. I don’t think you’re aware of the sheer ruthlessness of high level narcos… they will brutally kill a lot of people over the smallest grievances, theft of petty cash included. Nobody is stealing %’s of billions of stored money & getting away with it.
For some reason he turned over all 500 million
https://www.addictioncenter.com/drugs/how-much-do-drugs-cost...
LA is roughly $80/g, or it was 3ish years ago. I’d say it’s still around that.
Going into the MidWest of Chicago, Pittsburgh, Philly, & North into Seattle, Portland & co is where it’s heading North of $80/g. $150/g in some of the mostly dead middle of nowhere but still metro cities then becomes a thing.
I can imagine if you know a guy in NYC you could get $40/g or cheaper as massive loads come in private yachts and stuff… but average bloke is paying somewhat high
Miami prices are hit or miss, if you don’t want something that’s been stepped on too much you’re still at $80/.8.
NYC is actually cheaper. $60/1.0
So a kilo stretching to 80k through the supply chain makes sense. That would put the final street dealer of that kilo buying on average a half ounce. That sounds about right to me.
Prices in Los Angeles.
They were then sued with the dispensary winning, the damages requested were of course the official police valuation.
If true this would make me happier than anything else I learned in probably the past 2 years.
until you realize that it's a nice "gotcha" moment for the cops, but the taxpayers are the ones paying the bill.
At the end of the day cops get away with all this shit because the taxpayers support them, whether tacitly or explicitly. Hitting them in the pocketbook is a perfectly valid tactic. Maybe once they have no money left for high school football, they'll wake up and demand that their government reign in the out of control cops. And if they don't, well, they fully deserve to pay every single victim.
I also tried to find/link when I wrote comment but I couldn't find it again. But 100% read about this some years back and the weight/value cops used as damages used in court.
You can't get contraband returned, even if it was illegally seized, and I don't think you could sue for the value of it?
Who knows though? I was in jail with someone who was there because he bought some heroin off a dealer and only handed over $20 instead of $40, and then ran off. The dealer then phoned the police to report his stolen heroin and the buyer got busted.
"The drugs were dumped into the ocean. The ocean, weighing 4.9x10E21 pounds, according to Google, means we just stopped 4.9x10E21 (plus a few) pounds of drugs from reaching the public. As we all know, this is the official standard measurement procedure used by police in the US.
Cocaine has a street price estimate of $120 per gram on average according to Google. Because of how averages and math work (no source needed), we can just double that to $240 per gram to get the highest price out of the average.
To convert grams to pounds, we just multiply by 453.59237. This means 1 pound of cocaine costs $108,862.17.
4.9x10E21 pounds, multiplied by $108,862.17 per pound means we just stopped $533,424,633,000,000,000,000,000,000 worth of cocaine from going to the general public. This is the low estimate, because it does not even include the weight and price of the original drugs or the shipping container it was in. We truly are godly and just heroes on this day."
[1] https://www.vesselfinder.com/vessels/MSC-GAYANE-IMO-9770763-...
[2] https://www.quora.com/How-many-tons-a-container-can-contain
It is not the same thing. Drugs are still illegal in Portugal, and trafficking is a crime, but personal use is not a criminal offense anymore. If you get caught, you can get fined, especially if you are uncooperative, but you won't face a criminal trial and you won't go to jail. But more importantly, they can suggest treatment options if you are addicted.
You won't get safe unadulterated drugs but you can get testing kits. In festivals, you can find booths where they will check your drugs for free.
I don't know how I feel about legalizing all drugs. Heroin is nasty stuff, even if you get the good one, and I would rather not encourage using stimulants stronger than caffeine in our overworked society.
> Coca-Cola includes a coca leaf extract as an ingredient prepared by a Stepan Company plant in Maywood, New Jersey. The facility, which had been known as the Maywood Chemical Works, was purchased by Stepan in 1959. The plant is the only commercial entity in the United States authorized by the Drug Enforcement Administration to import coca leaves, which come primarily from Peru via the National Coca Company. Approximately 100 metric tons of dried coca leaf are imported each year. The cocaine-free extract is sold to The Coca-Cola Company for use in soft drinks, while the cocaine is sold to Mallinckrodt, a pharmaceutical firm, for medicinal purposes.
However I suspect the drug dealers won’t just disappear, but move on to other substances. Hopefully the market for those will be smaller but I have no idea. Thinking of synthetic drugs.
And for the most part, synthetic drugs are a reaction to prohibition, either to stay ahead of substances that have been scheduled as illegal or to provide drugs that can be made in-region to avoid the risk of smuggling. There is little organic demand for such drugs, and it would be much safer if people had access to pure forms of their drug of choice, i.e. cocaine and heroin
We really need to be able to explore these compounds and their pharmacodynamics, they can teach us so much about the brain
Isn't crack made from cocaine? Didn't crack destroy many communities, neighborhoods, cities, families, etc...? Aren't we as a society still struggling with the long term effects of this crisis?
What's to stop a similar kind of crisis if cocaine was legalized? Why wouldn't a significant number of users turn to its more formidable (my assumption) and potent form if cocaine was legalized?
Just to clarify, I'm not arguing that cocaine shouldn't be legalized, just genuinely curious.
In general the negative effects of most any drug are best fought with education, regulation, and treatment, not prohibition. Cocaine and crack were illegal in the 80s and 90s when the crack epidemic raged, so obviously legal status was not preventing such crises in the first place. The important factors there were more around support of impoverished communities than tepid laws that serve only to further the cycle of social disruption caused by petty arrests and adversarial tension between police and downtrodden communities and the empowerment of gangs by creating a thriving black market.
The struggles we’re having related to crack or other drugs are related to a great many things aside from the drug itself, prohibition itself causing some of the largest problems on a global scale. What if Mexico could have cocaine as a legitimate export? Would we have violent cartels or legitimate businesses that improve the community (though surely they’d also leach as businesses are wont to do, but surely less violently than illegal organizations)? I’d posit the latter, though the transition from one to the other won’t be smooth.
I didn't mean to imply that it would. But from what I "know", crack is very easy to "cook" from cocaine, and is much more potent and addictive in this form. Throw cocaine in the microwave, something, something, and you have crack... So what's to stop anyone with a microwave from producing their own crack from legally regulated and obtained cocaine, and why would they want to do that instead of just using the cocaine as is? Were you suggesting that bc it's purer crack (nothing added to increase potency or mass), it's not an issue?
I also understand how crack was weaponized against certain communities, minorities, vulnerable and "undesirable" groups of citizens...
but again, I just wonder why and if individuals would start to synthesize their own crack if cocaine was legalized.
So what happened to crack? That's a fair question. It's much less commonly used today than 30 years ago. My impression is that the American legal changes probably had some influence in suppressing it. Laws which make it much cheaper and safer to hold cocaine rather than crack obviously dis-incentivize producing the freebase form until the final consumer. And a new user is unlikely to go through the hassle of attempting to perfect cooking crack with their first gram of coke. So a simple influence there about the method of consuming the drug may have done a lot of the work. Here in Canada, we had no legal changes in the 80s/90s during the so-called crack epidemic. (We treat crack cocaine like cocaine, legally.) Crack's use waxed and waned with its popularity in American culture. The crack epidemic is also part of a much larger story about North American urban decay and shifting economic patterns. The conditions that gave birth to it are no longer true, so one wouldn't expect it to necessarily repeat.
At least not in the same form. The epidemic of cheap inhaled stimulant abuse you are worried about is arguably happening right now with methamphetamine, anyway.
First time I’ve seen this unit of mass.
[0] https://www.brightcellars.com/blog/how-much-is-a-buttload-of...
0: https://rebootmygarage.com/3-weights-garage-hose-storage/
From that, it would seem it's probably easy to get anything onto a cargo ship - simply buy a container and put whatever you like into it. Why did they have to bother with the speedboats and nets?
And at the same time... How did they plan to land these drugs? Their whole scheme doesn't cover inspections at the arrival port.
Second part, I wondered that myself and this is what I came up with: I'm assuming since this was a Euro operation and they were busted in Philadelphia on their way to Europe, the plan was to unload onto speed boats before pulling into port in Europe.
Persecuting people for the substances they decide to consume is what harms people more than drugs themselves.
If people had a place they could easily purchase tested and regulated drugs we wouldn't have so many overdoses. In the past most overdoses were produced by changes in potency of the supply due to differences in cutting or manufacture. Now alongside that issue is the one of fentanyl and analogs being added to the supply.
Regulation would solve these issues instead of ruining people's lives with punishment based on puritanical ideals
Most drugs are highly addictive, and when theoretical legal supplies deny addicts access to them, they'll turn to illegal means. No matter how clean the substance is.
And of course then if someone is attempting to obtain something which they are denied by law, it is no longer legal so by definition it is illegal
The statement you make is rather circular and doesn't say much.
So that a mentally instable person doesn't overdose when depressed or an adult resells it to minors?
There will always be the risk of kids going through an intermediary for substances like what happens with alcohol and tobacco now, but basically never do you see people being denied their purchases. There are circumstances in our current system where an adult goes I to a store and is not allowed to purchase because they have a minor with them in the store. In these cases there are many more stores they can go to, usually within walking distance. This is essentially a non issue.
For mental health on the other hand its the same way, you can overdose on alcohol and there are depressed people who attempt suicide using alcohol (usually combined with other substances) and these people I have never heard of being denied their purchases. The only way I could see a denial happen is if they got a little too personal with the cashier and told them how they feel or what they plan to do.
When I was an undergrad in Virginia (home of Phillip Morris), a pack of cigarettes was selling for about $3.50 in today’s dollars - and that's for a brand like Marlboro or Camel. IIRC retail in NYC is about $20 these days. That’s a huge incentive.
For the 2020 financial year, Australia imported 11,064 tonnes of legally cleared (taxed) tobacco. The government estimates there was 770 tonnes of untaxed tobacco successfully grown/imported, or 6.2% of all tobacco smoked in Australia. [1]
Recently a guy was handed almost 2 years of house arrest for importing 10 million cigarettes [2], which is roughly 10 tonnes, give or take. There's plenty more cases where entire containers full of cigarettes have been seized.
[1] https://www.ato.gov.au/About-ATO/Research-and-statistics/In-...
[2] https://www.acic.gov.au/media-centre/media-releases-and-stat...
Yet if you go to any high school or college across the country you can still buy whatever drug you want lol.
If a pimply 16 year old skater kid can get drugs after all this effort maybe we should give up. It’s not like anyone who wants to do them can’t… look at all the overdoses
Also undercover agents, but they’re only picking off these intermediaries too, not the manufacturers.
Presumably the high level traffickers have orders of magnitude more money than the cops.
Can't seem to figure out which court this was in to try to find a copy, but, I imagine it would be a super interesting read