20 Tons of cocaine found on JP Morgan cargo ship

News

PHILADELPHIA (CNN)  – Authorities in Philadelphia seized a JP Morgan Chase owned cargo vessel with reportedly 20 tons of cocaine on board.

The banking giants don’t have operational control of the MSC Gayane which is run by the Swiss-based ‘Mediterranean Shipping Company. ‘

Law enforcement agents boarded the ship in June and discovered the cocaine, the amount worth almost 1.3 billion dollars.

The bank has yet to comment.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.