World Record Cash Seizure Over $205 Million Dollars in Mexico CityPosted on March 25, 2007
In 2006 Mexican authorities seized 19.5 tons of the chemical pseudoephedrine at a port in the city of Lazaro Cardenas in the state of Michoacan. This is one of the most important ingredients to make methamphetamine. This shipment had arrived from China and the company that sent it is headed by Zhenli Ye Gon who was originally from Shanghai, China but became a Mexican citizen in 2002.
On March 25, 2007 Mexican police raided a mansion in the very wealthy neighborhood of Lomas de Chapultepec in Mexico City.
Approximately 205 Million in US Dollars, 18 million Mexican Pesos, 200 thousand Euros, 113 thousand Hong Kong Dollars, gold and jewels were seized in the raid. Numerous firearms were also seized. Several Asians and Mexicans were arrested at the mansion. The photos of some of them are in this video as well.
Zhenli Ye Gon was not at the mansion at the time of raid. He was later arrested in the state of Maryland in the USA. His photos are last two pictures in this video. He would later contend that the money in the mansion was money that he was forced to store for Mexican President Felipe Calderon's political party.
The United States Government charged Zhenli Ye Gon with a meth drug conspiracy charge, but later dropped this charge for lack of evidence. The suspect was reported to have gambled away over 100 million US Dollars in Las Vegas.
The main suspect is awaiting deportation to Mexico where he face charges.
This seizure is listed in "The Million Dollar Club" of Narcotic News.com.