Somebody….or some people are really pissed off this morning. You would be too if you’d just lost more than 1180 POUNDS (450 kilos) of cocaine with an alleged wholesale street value of 27,000 per kilo.
According to 6abc action news the cocaine was seized from a cargo container that was resting on a shipped docked at the Port Of Philadelphia. Federal agents allegedly found the drugs inside of 13 large duffel bags inside the container. Federal officials estimated the value of the drugs to be around $38 million. Cops and FEDS tend to announce the retail value of seized drugs when they do these type of huge seizures. I guess it adds drama to the seizure. Bigger numbers make for a better story? I don’t know…all I know is that 450 kilos at a wholesale price of $27,000 per, is closer to a grand total of around $12 million. Math has never been my strong suit…so what the hell do I know? Anyway, the ship that the drugs were recovered from originated in Guatemala and made a stop in the Bahamas before docking in the U.S. It will likely be very hard to nail down the exact place where the drugs were loaded onto the ship. So, that’s one less thing the owner of this cocaine will have to worry about, but that peace of mind still doesn’t replace his seized cocaine.