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News

$2.8M in assets seized from drug traffickers

by Tom Heyden May 10, 2011
1.1K

colombia news - seizure assets

Colombian authorities have seized assets valued at approximately $2.8 million, belonging to various extradited narco-traffickers, Caracol Radio reported Tuesday.

The seized property consists of nine buildings, four shops and 65 vehicles, with all of them situated in either Cali, Medellin or Puerto Asis (Putumayo department).

The assets were apparently part of an international money laundering network that had hubs in Jamaica, the Bahamas, the U.S. and Canada.

The owners of the assets were arrested two years ago in an anti-narcotics operation known as “Beanpot,” before their subsequent extradition.

Calidrug traffickingMedellinmoney launderingPutumayo

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Colombia News | Colombia Reports
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@2008-2019 - Colombia Reports. All Rights Reserved.
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Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion