The Story Cocaine Inc. (Pt 3) - The 64 Million Percent Mark-up
Dec 28, 2024
Investigative journalist Stephen Drill reveals the shocking realities of the cocaine trade, tracing its journey from Colombia to Mexico. He discusses the staggering profit margins, where cocaine prices surge exponentially once it leaves South America. Drill sheds light on the complex tunnels used for smuggling and the violent repercussions tied to drug trafficking. He also addresses the grave challenges law enforcement faces in tackling narco-terrorism, highlighting the urgent need for adaptive training in a rapidly changing criminal landscape.
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Massive Cocaine Seizure
- Stephen Drill witnessed 800kg of cocaine seized in Cartagena, Colombia.
- Officials stated its street value was $600 million USD.
Cocaine Markup
- The price of cocaine increases by 64,000,000% from coca leaf to street sale in Australia.
- This markup drives the violence and extreme measures in the drug trade.
Inflated Drug Value
- Police often inflate the perceived value of drug seizures by using street value.
- The actual cost to cartels is significantly lower than reported figures.