To: IngotWeTrust who wrote (45456 ) 12/1/1999 11:25:00 AM From: John Hunt Respond to of 116763
The golden age of crime << Marian Walas was feeling the heat. He had helped send more than 100 kilos of cocaine from Chicago to Eastern Europe, federal agents say, but he owed his Colombian suppliers $2 million and they were threatening his life. He swore that the money would be wired immediately. His partner even showed them where: to the account of a Panamanian gold company named Speed Joyeros. Moving money to Speed Joyeros was also on the mind of Inocensio Lopez. According to court testimony, the Dominican drug dealer dropped off a bag stuffed with nearly $300,000 at a Manhattan hotel room; the money was to go to Moishe Hebroni, the owner of Speed Joyeros. The connection between the two drug cases and Speed Joyeros is more than a coincidence, law enforcement sources say. Speed is reputed to be Latin America's largest gold trader, with $25 million in sales a month. U.S. drug enforcement agents have seized nearly $1 million from a New York bank account belonging to the company. Now they're examining the firm's movement of millions of dollars of gold and cash around the world. Speed has not been charged with any crime; company officials proclaim their innocence and are fighting the government for release of their funds. But to U.S. experts, the cases show that gold now plays a central role in the billion-dollar business of washing dirty money. >> ... cont'd at ...usnews.com If they cannot knock gold down one way, they will try another. ***** Morning Young 49r, Yep, it's starting ... Practice makes perfect, as they say. If things heat up again today in Seattle, you can follow the action with this web-based Seattle police scanner.apbnews.com John