Monday, March 5, 2018

Spanish 'Pablo Escobar’ busted in Spain.

Jose Ramon Prado Bugallo, better known as Sito Miñanco, has been arrested. Investigators believe he heads one of the largest drug smuggling cartels in Spain, and his arrest comes after a ship containing 3.8 tonnes of cocaine worth an estimated $275 million was intercepted.

He was first arrested in 1991 after returning to Madrid to oversee a large cocaine shipment. In 1993 he was sentenced to 20 years in prison and fined €209 million for drug trafficking at the age of 25. Released on parole seven years later, he was quickly re-arrested for his role in managing a five-tonne cocaine deal, and in 2004 was jailed for a further 17 years and fined €390 million. He was granted parole for good behaviour in 2011, but he was again locked up for trying to smuggle drugs into Spain.

Sito Miñanco in 1990
Miñanco, 62, has spent most of the last 27 years behind bars and was set to face charges of laundering €10 million with his wife and daughter prior to his latest arrest, with a trial scheduled to begin at the end of the month. He was granted day release in April 2015.

A number of speedboats, sports cars, firearms and hundreds of thousands of Euros in cash were seized during the latest bust.