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March 30, 1989 | RONALD J. OSTROW, Times Staff Writer
Federal agents Wednesday completed the shutdown of a major U.S. money-laundering operation for Colombia's Medellin cocaine cartel, charging 29 more defendants with drug and currency violations and seizing tens of millions of dollars in bank accounts. Wrapping up Operation Polar Cap, a federal grand jury in Atlanta unsealed indictments of a Colombian bank and its Panamanian subsidiary on charges of conspiring on the shipment of more than $1 billion in U.S.
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CALIFORNIA | LOCAL
April 11, 1990 | RONALD L. SOBLE, TIMES STAFF WRITER
In direct contrast to a federal judge's recent decision in the same courthouse on the same issue, another U.S. District Court judge Tuesday ruled that prosecutors could introduce video surveillance tapes of defendants in a multimillion-dollar money laundering case. "There is no foundation for a claim that the (court) order permitting video surveillance was patently unconstitutional," Judge William D.
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CALIFORNIA | LOCAL
April 11, 1990 | RONALD L. SOBLE, TIMES STAFF WRITER
In direct contrast to a federal judge's recent decision in the same courthouse on the same issue, another U.S. District Court judge Tuesday ruled that prosecutors could introduce video surveillance tapes of defendants in a multimillion-dollar money laundering case. "There is no foundation for a claim that the (court) order permitting video surveillance was patently unconstitutional," Judge William D.
CALIFORNIA | LOCAL
March 29, 1990 | HENRY WEINSTEIN, TIMES STAFF WRITER
A federal judge in Los Angeles has ruled that prosecutors cannot introduce hundreds of hours of video surveillance tapes of defendants in a multimillion-dollar money-laundering case scheduled for trial in May. U.S. District Judge Consuelo B. Marshall agreed with defense lawyers that there was no statutory authority for blanket videotape surveillance other than in cases involving foreign espionage.
CALIFORNIA | LOCAL
March 29, 1990 | HENRY WEINSTEIN, TIMES STAFF WRITER
A federal judge in Los Angeles has ruled that prosecutors cannot introduce hundreds of hours of video surveillance tapes of defendants in a multimillion-dollar money-laundering case scheduled for trial in May. U.S. District Judge Consuelo B. Marshall agreed with defense lawyers that there was no statutory authority for blanket videotape surveillance other than in cases involving foreign espionage.
CALIFORNIA | LOCAL
February 24, 1989 | DAVID FERRELL and DAVID FREED, Times Staff Writers
On Tuesday night, Jack Killedjian found himself fascinated by a television documentary on money laundering. The jeweler showed up for work the next morning and got a much closer look as federal agents nabbed the wholesale gold dealer next door to him in an alleged $1-billion laundering scheme that authorities said aided in the importation of about 40,000 pounds of Colombian cocaine since 1986. "I was absolutely shocked," Killedjian said. "I couldn't believe it."
CALIFORNIA | LOCAL
November 29, 1990 | RONALD L. SOBLE, TIMES STAFF WRITER
A record-setting trial of more than seven months, in which nine defendants are accused of conspiring to launder about $350 million in drug money through a business in Los Angeles' downtown jewelry district, appeared nearly ready to go to the jury Wednesday. The case, which grew out of a lengthy federal investigation code-named "Operation Polar Cap," has set the record for the longest criminal trial in Los Angeles' federal courthouse, according to a spokesperson for the U.S. attorney.
CALIFORNIA | LOCAL
December 31, 1993 | HENRY WEINSTEIN, TIMES STAFF WRITER
One of the alleged instigators of an international, multimillion-dollar drug money laundering operation centered in the Los Angeles jewelry district has been arrested by the Federal Police in Argentina, U.S. authorities announced Thursday. The arrest of Celio Merkin, a 60-year-old Argentine national, "fills in the last loop" of Operation Polar Cap, one of the largest money-laundering investigations ever conducted by the U.S.
CALIFORNIA | LOCAL
December 27, 1990 | RONALD L. SOBLE and EDWARD J. BOYER, TIMES STAFF WRITERS
Four men were convicted in Los Angeles federal court Wednesday of laundering $350 million in drug money through jewelry companies doing business in the city's downtown jewelry district. A U.S. District Court jury convicted brothers Nazareth and Vahe Andonian and Argentine gold dealer Raul Silvio Rivas, the alleged mastermind of the scheme, of 25 counts of money laundering.
CALIFORNIA | LOCAL
July 21, 1990 | HENRY WEINSTEIN, TIMES STAFF WRITER
Five Los Angeles-area men were charged Friday with laundering at least $68 million in illicit drug money through the downtown jewelry district and local banks as part of an international narcotics ring. A sixth man, who is an Argentine citizen, was charged with playing a key role in the scheme but authorities would not disclose whether he has been taken into custody.
NEWS
March 30, 1989 | RONALD J. OSTROW, Times Staff Writer
Federal agents Wednesday completed the shutdown of a major U.S. money-laundering operation for Colombia's Medellin cocaine cartel, charging 29 more defendants with drug and currency violations and seizing tens of millions of dollars in bank accounts. Wrapping up Operation Polar Cap, a federal grand jury in Atlanta unsealed indictments of a Colombian bank and its Panamanian subsidiary on charges of conspiring on the shipment of more than $1 billion in U.S.
CALIFORNIA | LOCAL
October 2, 1993 | HENRY WEINSTEIN, TIMES LEGAL AFFAIRS WRITER
Eight Los Angeles residents have pleaded guilty in federal court to participating in a ring that laundered $500 million in illicit drug money through a Downtown Los Angeles jewelry company. The defendants were arrested during a raid in 1989. The lead defendant, Wanis Koyomejian of Northridge, who faced 14 felony counts, acknowledged culpability for three felonies: conspiracy to launder money, money laundering and conspiracy to aid and abet in possession of cocaine with intent to distribute.
NEWS
December 10, 1989 | TRACEY KAPLAN, TIMES STAFF WRITER
The alleged mastermind of an international money-laundering network that funneled $500 million in drug profits through Los Angeles jewelry stores to a Colombian cocaine cartel has been extradited to Los Angeles for trial, authorities said Saturday. Raul Silvio Vivas, 39, was released into U.S. custody after the Uruguay Supreme Court rejected a request by Vivas' attorneys to prevent his extradition, said Assistant U.S. Atty. Russell Hayman.
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