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(Some Guy)   Cocaine Cowboy cartel from Cali, Columbia connected to corner-cutting construction of collapsed condo complex catastrophe   (wsws.org) divider line
    More: Interesting, Money laundering, USA Today, money laundering, extensive investigative report, laundering of drug money, sale of condo units, USA Today investigation, Champlain Tower South  
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1484 clicks; posted to Politics » on 25 Oct 2021 at 4:50 AM (5 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



24 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2021-10-25 4:57:40 AM  
Isn't that common knowledge that any building built in Miami from 1978-1986 was connected to cartels needing to launder their money? FFS, drug money financed the Miami skyline as we know it.
 
2021-10-25 5:04:28 AM  
Caramba!
 
2021-10-25 5:07:34 AM  
Checks out.

When I lived in FL during the late 70s and early 80s, everything... everything was a scam.

If you weren't a scammer, you were a victim.  And there was a whole food chain of con artists and marks, with retirees and poor single mothers (and their kids) at the bottom.

Where I lived the entire strand of Pinellas County beaches, from the Don CeSar up to Clearwater Beach, went from scattered 50's era small touristy motels and beach bum dive bars separated by stretches of undeveloped beach to one continuous wall of high rise condos and hotels in only about 5 years.
 
2021-10-25 5:19:55 AM  
Cocaine Cowboys: Jon's Money
Youtube wvGHhZY3c_U


Quick refresher for everyone, John Roberts on handling large quantities of cocaine cash in Florida
 
2021-10-25 5:21:32 AM  
Cocaine Cowboys - John Roberts Life
Youtube XZ4pWzA6gIE
And how it effected the local car business...
 
2021-10-25 5:26:26 AM  
Cool.
 
2021-10-25 5:31:17 AM  
FTFA:

Purchasing real estate with drug money was an effective means of hiding its source by running it through anonymous corporations and making regular mortgage payments. "That's why concealed buyer identities, all-cash sales, hidden sources of private loan money, overpaying for condos and rapid repayment of loans are all considered red flags for money laundering," the report says.


Oh, so this is already established. So now do Fat Donny and his weird little tangle of LLCs and holding companies.
 
2021-10-25 5:32:40 AM  
Well how unshocking.
 
2021-10-25 6:06:55 AM  
Colombia.
 
2021-10-25 6:39:56 AM  

stoli n coke: Isn't that common knowledge that any building built in Miami from 1978-1986 was connected to cartels needing to launder their money? FFS, drug money financed the Miami skyline as we know it.


I remember apartment hunting in Broward and Dade in the early 80s. You'd think you might have something lined up and then the complex would just close up. A few months later, the old two floor concrete block building would be gone and a highrise would go up. I eventually gave up and moved back to Atlanta.
 
2021-10-25 6:49:22 AM  
Great, you just gave Mr Smikestoomuch an aneurysm.
 
2021-10-25 7:01:36 AM  
Cali, Columbia connected

Colombia.
 
2021-10-25 7:40:26 AM  
This is my shocked face that cutting corners was done for profit in a state with piss poor building standards.
 
2021-10-25 8:01:34 AM  
Fark user imageView Full Size

/got nuthin
 
2021-10-25 8:06:53 AM  
Everything in Florida is done half-ass.  It's hurricane mentality.
 
2021-10-25 8:08:11 AM  
You can major in cocaine production and trafficking at an Ivy League school now?
 
2021-10-25 8:29:00 AM  
FTA: "In one specific case, the buyer of a fifth floor two-bedroom condo in 1982 was the mistress of Jose Santacruz Londono, the lead money laundering overseer of the Cali, Colombia cocaine cartel."

World Socialist Web Site isn't my cup of tea, but at least the article's writer knows the correct way to spell the name of the South American nation of Colombia.
 
2021-10-25 8:30:38 AM  

Ragin' Asian: You can major in cocaine production and trafficking at an Ivy League school now?


The actual degree is "Developmental Pharmacological Marketing and Administration". 

It's a business school thing. Quite lucrative from what I understand.
 
2021-10-25 8:59:10 AM  

Rapmaster2000: Everything in Florida is done half-ass.  It's hurricane mentality.


I have a feeling by the end of my lifetime I am going to see a cat 5 in NYC.

//my liver has generally recovered from sucking up to 5 liters of fluid out of my abdomen once a week, still scarred but I may live another 20 years
 
2021-10-25 12:31:52 PM  

stoli n coke: Isn't that common knowledge that any building built in Miami from 1978-1986 was connected to cartels needing to launder their money? FFS, drug money financed the Miami skyline as we know it.


New info = money laundering = shoddy construction.

If I was a ruthless drug lord & my millions were financing/laundering a building construction, I'd expect top notch work just on principle.  Build it right or you'll be found leaking out the trunk of your car.
 
2021-10-25 12:49:49 PM  

stoli n coke: Isn't that common knowledge that any building built in Miami from 1978-1986 was connected to cartels needing to launder their money? FFS, drug money financed the Miami skyline as we know it.


Username checks out
 
2021-10-25 3:01:04 PM  
I've come to the conclusion that the entire US real estate industry is just one giant money laundering apparatus for Russian oligarchs.
 
2021-10-25 3:38:36 PM  
Shades of the shady dealings uncovered after an earthquake in Kobe, Japan years ago...

I remember a story where a section of elevated highway there collapsed due to that earthquake, while other sections stayed up and suffered no damage.

It was very telling that in the ensuing investigations it was found that while the still intact sections were found to have been built according to proper building code by legitimate construction companies, the section which collapsed was found to have been built by...

SHOCK HORROR!

A corrupt construction company with ties to criminal groups.

This is what deregulation and abandonment of government oversight functions will get you. Every freaking time!
 
2021-10-26 12:26:18 AM  

HomoHabilis: [Fark user image 400x225] [View Full Size image _x_]
/got nuthin


Fark user imageView Full Size
 
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