Meth Pipeline Was Using Collectible Comics To Front For Drug Profits

Unsealed records indicate a massive methamphetamine network bringing the drug into Colorado from Phoenix that was busted on August 14 used collectible comic books as a way to launder the money. Two ringleader brothers and thirty-nine others were indicted; all but one are currently in custody. The group was also accused of using various local women as drug mules in an operation that may have operated somewhere between $500,000 and $2,000,000 a in total business a month bringing the drug into an area where police had been successful in dismantling local production. As for the comics angle, the police reported a half-million "at least" in comic books were seized, although how they arrived at that figure I have no idea. I'm also not sure how laundering works, but collectibles are largely a cash industry and the value in comic books can vary wildly -- both factors I would think has to help. It's unclear whether any comics had been sold, or what will happen to the seized books.
 
posted 8:20 am PST | Permalink
 

---

 
Daily Blog Archives
November 2019
October 2019
September 2019
August 2019
July 2019
 
Full Archives