Federal agents seized hundreds of pounds of marijuana, 161 pieces of jewelry and $800,000 in cash — including nearly $450,000 stashed in the trunk of a car — from Colorado pot businesses with Colombian ties, according to records obtained by The Denver Post on Wednesday.
The forfeiture document, in which federal authorities formally seek to confiscate the items, offers the most detailed account yet of the allegations stemming from Denver-area raids executed in November 2013. They were the largest-ever federal raids on the Colorado marijuana industry.
The document alleged that those indicted — Denver attorney David Furtado, marijuana business owner Gerardo Uribe, his brother and business associate Luis Uribe and Colombian national Hector Diaz — participated in a scheme that grew marijuana in Colorado, shipped pot to Chicago and Florida and smuggled cash to Colombia.
The men were indicted in connection to the Nov. 21 raids. They each could face 20 years in prison if convicted of the most serious charges facing them. The defendants have pleaded not guilty.
Messages left by The Post for Furtado and Luis Uribe were not immediately returned. Jeff Dorschner, spokesman for U.S. Attorney John Walsh, said he could not comment because of pending litigation.
The document spells out how federal authorities relied on a web of confidential informants who reported on the activities of Furtado and others.
At one point, one of the conspirators complained he had accumulated $1 million in cash and needed a way to launder the money, according to the document. Furtado allegedly began funneling proceeds from about a dozen Colorado medical marijuana dispensaries into a Colombian bank account in undetectable amounts.
The document indicates that federal agents confiscated various amounts of cash from bank accounts and …read more