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Word: cartellization (lookup in dictionary) (lookup stats)
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Still, various DEA chiefs and attaches admitted that Noriega's Panama Defense Forces had closed down the infamous Darien drug-refining lab of the Medellin cartel, confiscated drug-refining chemicals, helped catch drug traffickers and money launderers, and even closed a cartel-controlled bank. James Bramble, former head of the DEA office in Panama, testified that a P.D.F. tip led to the capture of the cartel's top money launderer, Ramon Milian Rodriguez, when he was in Florida to ship $5.5 million in drug proceeds to Panama. His arrest occurred at about the same time that the prosecution claims Noriega...

Author: /time Magazine | Title: Trials: Noriega Makes His Case | 2/17/1992 | See Source »

Abedi made connections with power elites worldwide, from corporations like BankAmerica to officials like former President Jimmy Carter, whose charitable foundations received $10 million in donations. On its darker side, B.C.C.I. provided services for Panamanian leader Manuel Noriega, the Medellin cocaine cartel and terrorist organizations around the world. The most nefarious aspect of B.C.C.I. was its "black network," which engaged in terrorism, intimidation and paramilitary actions...

Author: /time Magazine | Title: Con Men of the Year Masters of Deceit. | 1/6/1992 | See Source »

Just about every kind of entrepreneur has talked up the emerging opportunities in the new Eastern Europe, but now Colombia's powerful CALI DRUG CARTEL is exploring the possibilities. In October, Czechoslovak authorities seized 100 kg of cocaine hidden in a truckload of Colombian coffee. After the coffee was traced to a Polish ship that had stopped in Colombia, Polish police uncovered another 100 kg in the rest of the shipment, which was sitting in a Warsaw warehouse. U.S. Drug Enforcement Administration officials speculate that the cartel hopes to take advantage of the legal chaos in the region to transship...

Author: /time Magazine | Title: Eastern Europe's New Bad Guys | 12/16/1991 | See Source »

...Saccoccia's empire is actually the third major drug-money % laundering indictment in the precious-metals and diamond industry in as many years. The first phase of what the Federal Government calls Operation Polar Cap involved the 1988 breakup of a $1 billion money-laundering scheme for the Medellin cartel through a Los Angeles jewelry mart. "Saccoccia was in a position to step right in after we knocked out Polar Cap One," says U.S. Attorney Lincoln Almond of Rhode Island. "We were onto him from...

Author: /time Magazine | Title: Organized Crime: All That Glitters . . . | 12/16/1991 | See Source »

...prison, where he is serving a life sentence plus 135 years for drug trafficking, Lehder conceded that he had only hearsay knowledge of the payment. Responding to the accusation, former contra leaders denied receiving Medellin money and rejected any suggestion of involvement in guns-for-drugs deals with the cartel...

Author: /time Magazine | Title: Drugs: Troublesome Testimony: Troublesome Testimony | 12/9/1991 | See Source »

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