Big money in illegal drugs.

tayto lover

Gardai have seized cash 1.2 million in a search of a car.
It is believed to be drug money belonging to the Kinehan gang.
Man arrested.
https://www.rte.ie/news/2017/0826/900144-garda-cash-arrest/

Great bit of work but it seems to be just the tip of the iceberg.
Someone will be blamed for this and probably someone will die because of it.

corner of hells

tayto lover wrote: »

Gardai have seized cash 1.2 million in a search of a car.
It is believed to be drug money belonging to the Kinehan gang.
Man arrested.
https://www.rte.ie/news/2017/0826/900144-garda-cash-arrest/

Great bit of work but it seems to be just the tip of the iceberg.
Someone will be blamed for this and probably someone will die because of it.

I'd say the Kinahan gang are happy it's not their money.

blinding

Prohibition Breeds Gangsters

Those that do not learn the lessons of history are doomed to repeat them .

ytpe2r5bxkn0c1

corner of hells wrote: »

I'd say the Kinahan gang are happy it's not their money.

Sorry, lost me there. Unless it's a facetious dig at a spelling error.

corner of hells

Kailyn Clean Teacher wrote: »

corner of hells wrote: »

I'd say the Kinahan gang are happy it's not their money.

Sorry, lost me there. Unless it's a facetious dig at a spelling error.

Always you.

mad muffin

I have a friend I used to go to high school with. He's currently serving a 14 year sentence and his sister is serving 35 years for trying to smuggle drugs in to Australia. I think it was some $54 million worth.

benjamin zac hildebrand Is his name. If you google it it comes up as the main search.

enricoh

Big money in illegal drugs? Really? I never knew this. Thanks op!

longshanks

enricoh wrote: »

Big money in illegal drugs? Really? I never knew this. Thanks op!

It's news to me also, we should look at going into this business. There must be a council grant or a springboard course we could use to get started.

dmc17

enricoh wrote: »

Big money in illegal drugs? Really? I never knew this. Thanks op!

Same here. I always thought people got into it because they had a passion for it. Seems there's a few quid to be made from it too

whoopsadoodles

I do always wonder what street it is you're buying your cocaine on, because it's not the same street I'm buying my cocaine on.

Spanish Eyes

Well even if drugs are legalised, there will always be someone who will provide a hit outside of the State sponsored legalisation route.

Anonymity. you see.

Fakediamond

Clearly a big market in Carlow, who would have thought?

Spanish Eyes

If you are liviing in Carlow you probably need something.

Blahfool

Sure he loves them auld drugs.

blinding

longshanks wrote: »

It's news to me also, we should look at going into this business. There must be a council grant or a springboard course we could use to get started.

I'd say that to run with the big boys you would have to get some high up Guards onside .

Ash.J.Williams

mad muffin wrote: »

I have a friend I used to go to high school with. He's currently serving a 14 year sentence and his sister is serving 35 years for trying to smuggle drugs in to Australia. I think it was some $54 million worth.

benjamin zac hildebrand Is his name. If you google it it comes up as the main search.

Jaysus that was some plot

lazybones32

Bigger money in legal drugs though.
Pharma companies add on a mark-up that makes the Colombians and Mexicans look cheap. "But lazybones32, pharmaceuticals spend millions on R+D". Pharmas get massive tax breaks for R+D too.

Weed would be the easiest and most lucrative drug imo. I see lads paying €50 for 2.8g which translates to €500/oz. A seed costs €7 and White Widow can give 6oz. per plant.

tabby aspreme

Carlow local radio were linking the money to organised terrorism and money laundering, not drugs

PTH2009

Big house, big car, lots of respect from people, few holidays a year. How bad lol

B.A._Baracus

Guess it was a tip off.
Question is who would tip off? I mean you would have to be pretty well informed/high up to know what car and or driver was transporting the cash. Risking your bloody life informing the garda.

Unless someone is in the garda's pocket for a long time.

SEPT 23 1989

Divide that figure by ten if you want to know what its real value was

Would hate to be a garda buying drugs if this is the rate they are being quoted

super_furry

Would put money on most of that cash coming from the sale of weed/hash. Just another reason to legalise it, and I say that as someone who doesn't smoke.

rossie1977

Spanish Eyes wrote: »

Well even if drugs are legalised, there will always be someone who will provide a hit outside of the State sponsored legalisation route.

Anonymity. you see.

There would but there wouldn't be the same huge crime syndicates profiting from it with hundreds of millions of dollars in revenue or the amount spent worldwide having to police it and then imprison the perpetrators.

The illegal alcohol trade still exists but you likely won't become a multi millionaire off it in 2017 and there certainly isn't a worldwide war on it.

r93kaey5p2izun

SEPT 23 1989 wrote: »

Divide that figure by ten if you want to know what its real value was

Would hate to be a garda buying drugs if this is the rate they are being quoted

??
Surely cash is cash?

refusetolose

Casen Hundreds Coconut wrote: »

??
Surely cash is cash?

he's thinking it was 1.2 million worth of drugs i'd say

Your Face

Drug are bad mkay

PARlance

Casen Hundreds Coconut wrote: »

??
Surely cash is cash?

Is it not King?

blinding

tabby aspreme wrote: »

Carlow local radio were linking the money to organised terrorism and money laundering, not drugs

How do you make that kind of money without drugs being involved.....I'd like to know for research reasons......

Del2005

blinding wrote: »

How do you make that kind of money without drugs being involved.....I'd like to know for research reasons......

You launder the money not the drugs.

Annasopra

mad muffin wrote: »

I have a friend I used to go to high school with. He's currently serving a 14 year sentence and his sister is serving 35 years for trying to smuggle drugs in to Australia. I think it was some $54 million worth.

benjamin zac hildebrand Is his name. If you google it it comes up as the main search.

And?

blinding

Del2005 wrote: »

You launder the money not the drugs.

That still doesn't explain where the money came from......

Wanderer78

this wont truly achieve much, just legalise everything and be done with it

jbt123

mad muffin wrote: »

I have a friend I used to go to high school with. He's currently serving a 14 year sentence and his sister is serving 35 years for trying to smuggle drugs in to Australia. I think it was some $54 million worth.

benjamin zac hildebrand Is his name. If you google it it comes up as the main search.

And?

jbt123

whoopsadoodles wrote: »

I do always wonder what street it is you're buying your cocaine on, because it's not the same street I'm buying my cocaine on.

Where the streets have no(vocaine)???

It's just as painful as pulling teeth...

Murt10

There is NO big money in illegal drugs for 95% of those involved.

A lot of ordinary people are under the illusion that everyone in the drugs business makes a fortune. With such massive markups being made, how could they not be rich?

In their book, "Freakonomics", Steven Levitt and Stephen Dubner, manage to get access to the real numbers behind the drugs industry, supplied by a local drug lord, and they explode the myth that anybody, except the very top players, make any sort of a reasonable income from drug dealing.

Here's an article from the LA times which gives a synopsis of the study. It asks and answers the question "Why do most drug dealers still live with their Mom?" The answer would be slightly different in Ireland in that they are probably living with their partner, who is on welfare.

http://articles.latimes.com/2005/apr/24/opinion/oe-dubner24


Here's the full study if you are a nerd like me and want to read it. It shouls be compulsory reading in school.


http://www.cc.ntut.edu.tw/~kmliu/freakonomics/3%20durg%20dealers%20live%20with%20moms.pdf

blinding

rossie1977 wrote: »

There would but there wouldn't be the same huge crime syndicates profiting from it with hundreds of millions of dollars in revenue or the amount spent worldwide having to police it and then imprison the perpetrators.

The illegal alcohol trade still exists but you likely won't become a multi millionaire off it in 2017 and there certainly isn't a worldwide war on it.

Thats a very well made point and is good evidence for the legalisation of drugs .

Prohibition of Alcohol produced Alcohol Gangsters....

Prohibition of Drugs produce Drugs Gangsters........

diomed

blinding wrote: »

Prohibition Breeds Gangsters
Those that do not learn the lessons of history are doomed to repeat them .

Addicts breed gangsters (or cigarette multinationals). Isn't the business model cheap or free offers, followed by the regular price.

Agent Coulson

It's all good legalising drugs but is that going to stop those with no money from spending money on drugs and getting into huge debt right now or stop a junkie from robbing someone to get the money for their legal fix?


What happens to the legal drug dealers who get robbed at gunpoint for their money and drugs by junkies & gangsters because they know they know the legal drug dealer won't kneecap them or murder them and their families and prison sentences don't scare or rehabilitate anyway.


Legalising may bring millions/billions into the coffers of the exchequer instead of illegal cartels and of course that would be better for the State but does it change anything on the street really for the average Joe/Jane Citizen?


I don't have any answers for it to be honest somethings sound great but are they really practical.

blinding

Perhaps we should try legalising....afterall

Nobody suggests ( seriously ) bringing Prohibition of Alcohol in again .

Prohibition of Alcohol did not work.......

Is Prohibition of Drugs working........

Del2005

Agent Coulson wrote: »

It's all good legalising drugs but is that going to stop those with no money from spending money on drugs and getting into huge debt right now or stop a junkie from robbing someone to get the money for their legal fix?


What happens to the legal drug dealers who get robbed at gunpoint for their money and drugs by junkies & gangsters because they know they know the legal drug dealer won't kneecap them or murder them and their families and prison sentences don't scare or rehabilitate anyway.


Legalising may bring millions/billions into the coffers of the exchequer instead of illegal cartels and of course that would be better for the State but does it change anything on the street really for the average Joe/Jane Citizen?


I don't have any answers for it to be honest somethings sound great but are they really practical.

Look what happened when legal highs were legal. We had shops paying rent, wages, rates and taxes with queues of people buying off them. The only people complaining were the "Talk to Joe" brigade and illegal drug dealers.

Since people are always going to take mind altering substances why are we allowing it be supplied by people who will cut it with rat poison at best. Supply from regulated business and you'll see the more dangerous stuff disappear.

goose2005

Spanish Eyes wrote: »

Well even if drugs are legalised, there will always be someone who will provide a hit outside of the State sponsored legalisation route.

Anonymity. you see.

how many people buy their vodka on dodgy back streets?

Ash.J.Williams

Agent Coulson wrote: »

It's all good legalising drugs but is that going to stop those with no money from spending money on drugs and getting into huge debt right now or stop a junkie from robbing someone to get the money for their legal fix?


What happens to the legal drug dealers who get robbed at gunpoint for their money and drugs by junkies & gangsters because they know they know the legal drug dealer won't kneecap them or murder them and their families and prison sentences don't scare or rehabilitate anyway.


Legalising may bring millions/billions into the coffers of the exchequer instead of illegal cartels and of course that would be better for the State but does it change anything on the street really for the average Joe/Jane Citizen?


I don't have any answers for it to be honest somethings sound great but are they really practical.

People with no money for food Rob food and business men get robbed at gunpoint too

sligojoek

The war against drugs is over.

Drugs won.

ToddyDoody

goose2005 wrote: »

how many people buy their vodka on dodgy back streets?

This guy for one.

http://www.thejournal.ie/fake-alcohol-warning-3287852-Mar2017/

It doesn't say dodgy back street per say, though "unrecognised vendor in the Ballymun area" sounds close enough.

And worse, some of the drug lords don't fully declare it in their tax returns...

blinding

Deleted User wrote: »

And worse, some of the drug lords don't fully declare it in their tax returns...

Well at least they just hide stuff in their own country......

Bono runs off to other countries when he could just hide stuff here like decent gangsters.........