Huge coke ring smashed
By NANCIE L. KATZ
DAILY NEWS STAFF WRITER
New York Daily News
March 4, 2004
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The NYPD has busted a drug-smuggling ring that was allegedly netting more than $75 million a year running cocaine between Guyana and New York, the Daily News has learned.
At a news conference scheduled for today, Police Commissioner Raymond Kelly and Brooklyn District Attorney Charles Hynes are expected to announce the arrests of 13 people - among them baggage handlers at Kennedy Airport, law enforcement sources said.
During a 14-month investigation, authorities turned up 27 kilos of cocaine with an estimated street value of $1.35 million. They also seized $350,000 in cash, the sources said.
The defendants were arrested 10 days ago and secretly arraigned in Brooklyn Supreme Court on conspiracy, weapons and drug possession charges.
At least two of them, Steven Gerrard and Ansel Gouveia, are being held on $10 million bail, though it was unclear whether they were alleged leaders in the drug ring.
In a court complaint, one of the investigators, NYPD Detective Edwin Murphy, said a sting operation involving undercover cops and audio and video surveillance exposed "a criminal enterprise" in which the defendants "did import, sell and possess hundreds of kilograms of cocaine for profit."
The coke, he said, was sent from Guyana to the U.S. He added that the suspects forwarded the drugs to alleged partners for "wholesale distribution" in and outside Brooklyn and then stored it in "various locations in Brooklyn and elsewhere."
"Other co-conspirators were responsible for the collection of moneys owed for the distributed cocaine and the reverse flow of those funds back to the source of supply in Guyana," he said.
Law enforcement officials estimated the enterprise's yearly take at more than $75 million.