![]() | 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. | ![]() |