The Nation - News from Jan. 6, 1989
Federal agents investigating a Colombian cocaine cartel doing $1 million-a-day business confiscated nearly $20 million in cash in what was called the largest seizure of its kind in history, officials said. Robert Stutman, the special agent in charge of the federal Drug Enforcement Administration’s New York office, announced the seizure at a news conference standing in front of a 30-foot table covered with cardboard boxes bulging with bundles of cash. Agents and police arrested 11 Colombian nationals and seized four weapons in raids late Wednesday and early Thursday.
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