Bling Bling Laundering

Laundering gold and diamonds; Photo - Newsday

It's like Rumpelstiltskin in reverse: Authorities arrested jewelers who took the Colombian drug money and exchanged it for gold, and then in turning smelting the fold "into various household items like solid-gold wrenches, light switches, belt buckles and screws" according to Newsday. And some were even painted over to be further hidden as WNBC reported. About $5.5 million in gold and diamonds were seized. The Times goes into greater depth about the investigation, aka El Dorado.

Gothamist on bling bling's etymology. And this is just like the story about the heroin smuggled in as furniture.

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yeah- there is nothing suspicious at all about a solid gold toilet. that wouldn't attract my attention as an investigator at all.


kinda ironic, smuggling gold back into columbia, almost 500 years after the spanish stole it from them.

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