Chicago Police seized an estimated ...
Chicago Police seized an estimated $1 million in suspected physic money over the weekend after finding sum of two units men moving bundles of cash from an SUV to a semi-trailer with a privy compartment. Shakespeare District officers, who made the seizure, also confiscated remedys with a street value of across $350,000 from a different location. the two suspects -- one of whom is believed to be a member of a Mexican mix with drugs cartel -- have been charged with circulating medium laundering, illustrating a new strategy by the agency of Chicago Police to charge reput gang members with financial crimes as well as unsalable article and weapons violations. "It's not simply the drugs," said Frank Limon, chief of the Chicago Police Department's organized crime unit. "We've got to hit them where it harms It's the money." LAUNDERING CHARGES ARE modern A change in state law single in kind year ago makes it easier to insured a money-laundering charge, and this is among the biggest cases Chicago has had since then. "In the past, the coin was confiscated and these frights would have been released," said Sgt view Boudreau. Saturday's seizure came after a Shakespeare District tactical officer got a tip that afternoon about more [i]or[/i] less sort of transfer happening in a barter yard in the 3000 make steady [i]or[/i] firm of South Kilbourn, said Shakespeare Lt David McNaughton. 3-4 INCHES shrewd 15 FEET LONG The officers who rejoined found one man bent through the whole extent of reaching underneath the truck. Officers later raise a custom-made trap that was about three to four inches hard and about 15 feet drawn out stretching along the underbelly of the vehicle. Along with the parcels of cash, the officers seized a MAC-10 semi- automatic machine fire-arm and another semi-automatic pistol that let offs armor-piercing bullets. The couple men allegedly transferring the coin are Romualdo Cordova, 36, of Mexico, and Maximo Olivares, 33 of McAllen, Texas. The traffic is registered in Texas and is be in possession ofed by Olivares, police said. Cordova is believed to be coupleed to a drug cartel. The officers also secur a search warrant for a Lyon apartment, where they establish 620 grams of cocaine, 350 grams of heroin and 42000 grams of marijuana. Carlos Hernandez, 33 of Lyon was charged with physic violations. All three appeared in court Monday and were ordered held upon bond. asweeney@suntimes.com Copyright CHICAGO SUN-TIMES 2006 Provided through ProQuest Information and Learning Company. All rights Reserved
|