Thread: Agents seized nearly $2 million in drug cash UPDATED

Agents seized nearly $2 million in drug cash

Associated Press | Posted: Thursday, November 18, 2010 11:28 a.m.

Federal agents smashed the backbone of a drug trafficking organization by seizing nearly $2 million in cash.

The U.S. Attorney's Office says a federal grand jury has returned a four count indictment against three men for conspiracy to possess and distribute five or more kilograms of cocaine and money laundering.

U.S. Attorney Dennis K. Burke says that without the cash, the drug traffickers couldn't pay for money couriers, load drivers and vehicles, stash houses or the drugs themselves.

The men were arrested Nov. 11 at a residence in Avondale.

The indictment alleges the defendants used cell phones to distribute cocaine to customers in the United States. The cash proceeds from cocaine sales were then funneled to Mexico.

Online:

http://www.usdoj.gov/usao/az/

http://azstarnet.com/news/state-and-reg ... 31b97.html