New York City Mayor Michael R. Bloomberg, Police Commissioner Raymond W.
Kelly and Queens County District Attorney Richard A. Brown today announced the
culmination of a 6-month investigation into a cocaine storage and distribution
ring in the Maspeth section of Queens. In addition to making one arrest, members
of the Queens North Narcotics Bureau seized 459 kilograms of cocaine with an
estimated street value of 75 million dollars.
Mayor Bloomberg said: "It's fitting that on a day we honor hero Police
Officers, we can announce that some outstanding police work has resulted in the
biggest drug bust in two years. Last night, Queens Narcotics seized 459 kilos of
cocaine in a Queens' warehouse. That's more that $10 million worth when sold by
the kilo and about $75 million when reduced for crack sales. This tremendous
amount of cocaine won't make it to the street."
Police Commissioner Kelly said: "This seizure represents a huge hit to the
underground narcotics economy. Every vial of crack or bag of heroin that is
removed from the street is vital in our battle against drugs. Today's haul
multiplies those amounts hundreds of times over and we consider this a major
District Attorney Brown said: "Last night's seizure should serve as a warning
to both drug dealers and violent criminals alike that the law enforcement
community * in spite of the diversion of substantial portions of its resources
to prevent terrorism and to protect our City * will continue to aggressively
track them down and seek to put them in jail for long periods of time."
This investigation began in January 2004 with the identification of Columbian
nationals operating a drug ring in and around the Maspeth section of Queens.
This group concentrated on the importing of cocaine and heroin and distributing
the drugs throughout the borough of Queens. Detectives focused their
investigation on three locations * two in the 110th Precinct and a third in the
As the investigation matured, officers on the case began to realize the scale
of the operation. Through physical surveillance, investigators learned the
group's patterns and identified the movement of large amount of illegal
narcotics. The arrest and seizure was timed to retrieve a maximize surplus of
In addition to the arrest and cocaine, officers retrieved two guns: a 9mm
Glock handgun and an EA-15 assault rifle. Both weapons were loaded.
Officers arrested Ivan Molano and he is charged with criminal possession of a
controlled substance and money laundering. This investigation is ongoing and
more arrests are expected.