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Colombian govt seizes assets from late Medellin Cartel members

Colombian authorities seized $24.6m worth of assets from the estate of the Galeano brothers, deceased members of the powerful Medellin Cartel that was headed by Pablo Escobar.

“The [goods] were acquired with money from narcotrafficking,” said head of the narcotics division of the national police, General Luis Alberto Perez.

Assets were recovered from 15 different cities and were comprised of real estate, furniture and businesses, said Perez in a press conference.

The expropriation was carried out in a joint effort between the narcotics division of the national police, Colombia’s Prosecutor General’s office and the United States Drug Enforcement Administration.

Luis Fernando and Mario de Jesus Galeano along with  their associate Gerardo Moncada,  were key members of Pablo Escobar’s Medellin Cartel, an organized network of drug suppliers and smugglers that dominated the cocaine trade out of Medellin in the 1980s.

The three were assasinated by Pablo Escobar for allegedly losing $20 million in drug shipments in 1992.

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Written by Rico

Rico

"Rico" is the crazy mind behind the Q media websites, a series of onlinemagazines that includes TodayColombia.com. Rico brings his special kind of savvy to online marketing. His websites are engaging, provocative, informative and sometimes off the wall, where you either like or you leave it. The same goes for him, like him or leave him.There is no middle ground. No compromises, only a passion to present reality as he sees it!