Seized ship with $1.3B in cocaine aboard owned by JPMorgan Chase, CBP says
A ship with more than $1 billion in cocaine aboard -- that was seized in Philadelphia on the Fourth of July -- is owned by financial giant JPMorgan Chase, federal customs officials said this week.
July 4, the CBP executed a warrant and seized the ship, finding the drugs. The MSC Gayane is the largest vessel ever to be seized .The MSC Gayane is owned by JPMorgan Chase but operated by Swiss-based Mediterranean Shipping Co., Markets Insider reported.
Nearly 20 TONS !