The top executive of a Manhattan-based Bitcoin company and a Florida Bitcoin exchanger have been charged with conspiring to commit money laundering by selling more than $1 million in Bitcoins to users of the black market website Silk Road, which let users buy illegal drugs anonymously, authorities said Monday.
Carlos Medina, 59, was arraigned Friday following his arrest on a number of narcotics possession and dealing charges. Medina spent nearly 25 years locked up on a federal conviction.
More than $35,000 in marijuana, four guns and $21,000 in cash were seized, along with two pit bulls and a large python. The drugs and cash were found at the dealing site in Harlem and at the men’s apartments in the Bronx.
Jason Teneyck, 36, is the last of six defendants to be sentenced as part of a drug and gun trafficking ring with an unusual cast of characters.
According to police, the couple had just taken their 4-year-old daughter into Westchester County to purchase 72 glassine envelopes of heroin for resale in Fairfield County.
Alessandro Tallone of the Rizzuto organized crime family based in Montreal is one of ten members of that branch of La Cosa Nostra charged with trafficking over $1 billion worth of marijuana, cocaine and ecstasy into the U.S.
Narcotics investigators allege Dr. Hector Castro’s medical office on East 16th Street was at the heart of two major schemes to peddle millions of highly-addictive oxycodone pills across several states.
New York authorities say they’ve shut down a prescription drug ring that made more than $80,000 in illegal sales.
Authorities say they launched their investigation after members of the community registerd numerous complaints about “widespread drug dealing and violence, including shootings and robberies” in the area.
Authorities say they turned up more than six kilos of cocaine in a hidden compartment inside a dresser with a false back, and another two kilos were found in an oven.
A number of fatal shootings in Coney Island led to a 10-month-long narcotics investigation, and it’s now resulted in the roundup of nine accused drug traffickers from two loosely connected gangs.
Louis Scala, the accused leader of a Staten Island drug trafficking ring that peddled over 40,000 oxycodone pills out of the back of an ice cream truck, has pleaded guilty.
Thirty-one people were arrested and charged with selling oxycodone pills out of an ice cream truck on Staten Island.
Federal prosecutors announced that 200 officers fanned through Spring Valley and elsewhere in search of 26 people accused of drug trafficking in Rockland County.
Police said they found 28 pounds of heroin worth more than $6 million in 250,000 small envelopes.