Wednesday, March 29, 2017

Instant Alert: Here's what $1 billion worth of cocaine looks like

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Here's what $1 billion worth of cocaine looks like

by Arielle Berger and Christopher Woody on Mar 29, 2017, 6:07 PM

The crew of the US Coast Guard Cutter James returned to port this week with a haul of roughly 16 tons of cocaine, gathered by it, other Coast Guard Cutters, and international partners during a 26-day period in the eastern Pacific Ocean.

The cocaine, seized in 17 interdiction actions, had an estimated wholesale value of $420 million — about $29,000 a kilo.


 
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