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US$16.5M worth of cocaine seized near Puerto Rico

Wednesday, October 10, 2012 | 3:02 PM    

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SAN JUAN, Puerto Rico (AP) — Federal authorities say they have seized 1,455 pounds (660 kilograms) of cocaine on a speedboat near Puerto Rico in one of the island's biggest drug busts of the year.

The interim director of the US Immigration and Customs Enforcement office in Puerto Rico says the drugs are worth an estimated $16.5 million. Angel Melendez said Wednesday the cocaine likely came from Venezuela or Colombia and that the majority was destined for the US mainland.

Two suspects were arrested and face federal drug smuggling charges.

Agents with US Customs and Border Protection located the two men aboard a 30-foot (9-metre) speedboat about 55 miles south of Puerto Rico during an air patrol late Monday.

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