Here's what 5 experts told us about the $1 billion of cocaine found on a boat owned by JPMorgan
We spoke to the author of"Narconomics" and other experts about the estimated $1 billion worth of cocaine found on a ship owned by JPMorgan. They said the drugs are probably worth less than $500 million, and the smugglers may have used a high-profile boat to avoid suspicion. The smugglers probably paid off authorities, and US officials potentially blew their chance to catch them by seizing the drugs in Philadelphia. View Markets Insider's homepage for more stories.
We spoke to the author of"Narconomics" and other experts about the estimated $1 billion worth of cocaine found on a ship owned by JPMorgan. They said the drugs are probably worth less than $500 million, and the smugglers may have used a high-profile boat to avoid suspicion. The smugglers probably paid off authorities, and US officials potentially blew their chance to catch them by seizing the drugs in Philadelphia. View Markets Insider's homepage for more stories.
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