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Meth Supplier Busted
Good [+1]Toggle ReplyLink» Gamos replied on Sat Oct 24, 2009 @ 2:46am
gamos
Coolness: 93450
[ finance.yahoo.com ]

MEXICO CITY (AP) -- A Chinese-Mexican businessman, arrested after police found a $205 million stash of cash in his Mexico City mansion, has told U.S. prosecutors he sold tons of a chemical used to make methamphetamine on the black market, a top Mexican official told The Associated Press.

Mexican prosecutors say he never made any medicine, instead using his factory to transform the chemicals into pseudoephedrine and selling it to drug gangs for hundreds of millions of dollars for use in the manufacture of methamphetamine.

In court documents, U.S. drug agents call Ye Gon one of the largest pseudoephedrine traffickers in the Western Hemisphere and say he provided the gangs with enough chemicals to make 41 tons of methamphetamine -- enough for 185 million typical doses.

A person familiar with the case, who spoke on condition of anonymity because he was not authorized to discuss it, said Ye Gon met over many days in late 2008 and early 2009 in a conference room at the Department of Justice with at least two prosecutors, one Drug Enforcement Administration agent and Ye Gon's lawyers, including Balarezo. Balarezo denies the conversations took place; two others allegedly present said they could not comment.

The source said Ye Gon provided detailed information about the black market sales, admitting he sold the chemicals for $1,100 to $1,400 per pound ($2,400 to $3,000 per kilogram). Import documents show the chemicals cost Ye Gon less than $22 a pound ($49 a kilogram), meaning his margin in the operations in question would have been more than $200 million.
I'm feeling a message in a bottl right now..
Good [+1]Toggle ReplyLink» databoy replied on Sun Oct 25, 2009 @ 12:41am
databoy
Coolness: 106070
He should be force administered Christal meth until he's good and hooked, then put in jail for many many years.
I'm feeling no sleep till tuesda right now..
Good [+1]Toggle ReplyLink» Deadfunk replied on Mon Oct 26, 2009 @ 7:19am
deadfunk
Coolness: 152960
$1,100 > $22 = 5000% profit!
I'm feeling hardcore right now..
Good [+1]Toggle ReplyLink» basdini replied on Wed Nov 4, 2009 @ 3:08am
basdini
Coolness: 145155
Originally Posted By DEADFUNK

$1,100 > $22 = 5000% profit!


you got to love the drug game what investment on wall street will net you that much of a profit...
I'm feeling surly right now..
Meth Supplier Busted
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