Word: cartelizing
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...most inmates, prison is a spartan experience. But not for Mexican drug baron Oliverio Chavez Araujo, 33, who has been linked to Colombia's Medellin drug cartel and has been incarcerated since 1986 at the state prison in Matamoros. After members of a rival drug gang shot Chavez in the jaw and nearly blinded him three weeks ago, his bodyguards staged a violent takeover of the prison; 18 people died. Once in control of the complex, Chavez continued to make drug deals from his cell, which was outfitted with cellular phones and a fax machine. Though state police ringed...
...This collegiate cartel ((has)) denied ((students)) the right to compare prices and discounts among schools," he said, "just as they would in shopping for any other service...
...cracking down on the narcotics trade, traffickers coined a defiant slogan: "Better a tomb in Colombia than a cell in the United States." Now that drug kingpins can avoid extradition under a new plea- bargaining agreement, a cell in Colombia has become a very attractive compromise. Since Medellin drug-cartel leaders Jorge, Fabio and Juan David Ochoa surrendered to Colombian authorities in recent months, they have been housed in a custom-tailored facility. Angry U.S. drug-enforcement officials complain that the Ochoa brothers are enjoying posh accommodations equipped with fancy furniture, stereos and cable television...
B.C.C.I.'s fondness for drug money brought the bank to grief in Florida and eventually led to recent mammoth losses. Undercover customs agents first stumbled onto B.C.C.I. money laundering during a sting operation. As part of the scheme, agents sent several million dollars of Medellin cartel drug funds through a B.C.C.I. bank in Miami. What happened next was worthy of Alice in Wonderland. Bank officers noticed the agents' amateurish attempt at money laundering and offered to teach them more sophisticated methods. Example: the bank would wire funds to B.C.C.I. branches around the world before handing the cash back to drug...
...with prospects for war in the Gulf interrupting supply getting less every day, some experts predict that oil prices may drop to as low as $10 to $12 a barrel. And while predictions vary, changes in the world economy have weakened OPEC and made it more difficult for the cartel to jack up prices...