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Old August 13th, 2004, 21:23   #1
Citationkid
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Default Drug bust at TEB

[ QUOTE ]
Feds bust jet cocaine ring into Teterboro


August 13, 2004, 8:54 AM EDT

TETERBORO, N.J. -- Federal agents say they have broken up a Mexican drug ring
that was smuggling cocaine on private jets into Teterboro Airport.

Six men from Mexico and the Dominican Republic were arrested this week, and
three Learjets were seized, the U.S. Drug Enforcement Administration said.

The suspects used planes to fly about 800 kilograms of cocaine from airports
in Texas and Arizona to Teterboro. From there, it was driven to a Manhattan
hotel and sold to the organization's leader and others, according to court
documents.

The jets then flew to Texas, California and Arizona with the cash proceeds
from the sales.

"It's likely this cocaine remained and was sold in the New York-New Jersey
area," Assistant U.S. Attorney Marion Percell told the Record of Bergen County.

On each trip into Teterboro, the smugglers brought in between 50 and 90
kilograms of cocaine. On each trip out, they left with between $300,000 and $3
million in cash, according to documents filed in U.S. District Court in Newark.

The jets seized by federal agents are worth $5 million. Also seized in raids
earlier this week were 64 kilograms of cocaine, an AK-47 assault rifle, two
handguns and $700,000 in cash.

A federal magistrate ordered the suspects held without bail during a hearing
Thursday in Newark. Each could get life in prison if convicted.

"Not only did we arrest the individuals responsible for the importation and
distribution of cocaine, but their multi-million-dollar transportation
infrastructure was also removed," said Michael Pasterchick, special agent in charge of
the Newark DEA office.

[/ QUOTE ]
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Old August 13th, 2004, 22:56   #2
Ryan
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Default Re: Drug bust at TEB

what are they gonna do with those jets they seized........
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Old August 13th, 2004, 22:56   #3
Nick
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Default Re: Drug bust at TEB

My friend was working at Million Air when this happened. He said Learjet N354PM pulled up, and was swarmed by the authorities. Then they went to where the drugs were supposed to be dropped off.
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Old August 13th, 2004, 22:56   #4
Nick
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Default Re: Drug bust at TEB

Hey, I was thinking, at least they didn't park at Signature!
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Old August 14th, 2004, 19:47   #5
chrisesp
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Default Re: Drug bust at TEB

[ QUOTE ]
Each could get life in prison if convicted.

[/ QUOTE ]

Wow, what a punishment!!!
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