$250,000 Cash in Shopping Bags is Heavy

warhol-dollar-sign.jpgGothamist loves a good story about the authorities stumbling onto drug money transfers, and this story even involves Kenneth Cole. But just Kenneth Cole shopping bags. The NY Times reports that some federal and city investigators were observing a street in the Bronx to track some drug money laundering. And while they didn't see the group they were targetting, they did see two other men taking out two shopping bags from a car, "straining" from the weight of the bags, looking over their shoulders every so often...and in fact, the Kenneth Cole shopping bag and an E.G.O. shopping bag were filled with $250,000 in cash. Even better, one of the men questioned "said that a key in his pocket would open the door of a nearby apartment, and he gave them permission to search it." And inside the apartment was $420,000 more in cash. Clearly, crime does and doesn't pay.

Email This Entry


Comments (1) [rss]

user-pic

There's definitely a 420 joke in there somewhere.

Post a comment (Comment Policy)

Tips

Get your daily dose of New York first thing in the morning from our weekday newsletter, now in beta.

About Gothamist

Gothamist is a website about New York. More

Editor: Jen Chung
Publisher: Jake Dobkin

Newsmap

newsmap.jpg

Contribute

Latest Tip:

newsmap started working today once again it stopped downloading on friday.
[more]

Latest Photo:

Subscribe

Use an RSS reader to stay up to date with the latest news and posts from Gothamist.

All Our RSS