U.K. Drug ring with strong ties to Colombia through Ecuador taken down

Posted on July 29, 2013 • Filed under: Crime, Drug Activity, Ecuador, Europe

British and Colombian authorities have seized nearly £4.4 billion (US$7bn) in US securities from an alleged international drug and money-laundering ring, officials said last night. The stocks and bonds were seized in London, along with about £7 million (US$11 million) in cash and drugs such as ecstasy and speed, a Colombian official revealed. The National Crime Squad (NCS) swooped on addresses in north London and Essex during two raids in July and August this year but news of the drugs and money bust only emerged last night when the Colombian authorities announced the details. Read Article

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