Meth ring used comic books to launder cash
Posted: August 25th, 2009 | Author: CB | Filed under: commerce | Tags: class fisticuffs, comics | No Comments »DENVER, Colorado — Investigators in Colorado say they have broken up a massive methamphetamine ring in the Denver area that distributed pounds of the dangerous drug every week and laundered the profits using collectible comic books.
“To launder the money you have to use something that is quick and convenient,” Colorado Attorney General John Suthers said at a news conference Monday. “And in this case, they used classic comic books.”
While arresting the alleged ringleaders, brothers Aaron and Alfonzo Castro, law enforcement officers seized about 100 boxes of first-edition collectible comic books. Investigators say one title alone is worth $3,500 and the total collection of comics is worth half a million dollars.
“It appeared they were working on a startup company for high-end comic books,” said Don Quick, the district attorney in Adams County near Denver.
Quick said the seized comic books included some first-edition Superman and Batman titles. The fragile, vintage comics were stored in plastic bags for protection.
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