Government Seizes JP Morgan-Owned Billion Dollar Cocaine Ship
By Patrick Howley CBP has seized a ship, owned by JP Morgan Asset Management, that held more than 39,000 pounds of cocaine at the Philadelphia seaport. Business Insider reports: “Federal prosecutors in Philadelphia have seized a container ship operated by the Mediterranean Shipping Co., weeks after authorities found more than $1 billion worth of cocaine on the vessel in what was one of the largest drug busts in American history. US Customs and Border Protection seized the ship on July 4, a statement out Monday said. The ship is owned by client assets in a maritime strategy offered by...
By Patrick Howley CBP has seized a ship, owned by JP Morgan Asset Management, that held more than 39,000 pounds of cocaine at the Philadelphia seaport. Business Insider reports: “Federal prosecutors in Philadelphia have seized a container ship operated...
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