Pubdate: Tue, 31 Aug 2004 Source: Cambridge Times (CN ON) Copyright: 2004 Fairway Newspaper Group Contact: http://www.cambridgetimes.ca Details: http://www.mapinc.org/media/3423 Author: Carol-Ann Nugent Bookmark: http://www.mapinc.org/af.htm (Asset Forfeiture) Bookmark: http://www.mapinc.org/coke.htm (Cocaine) Bookmark: http://www.mapinc.org/meth.htm (Methamphetamine) CAMBRIDGE RESIDENTS BUSTED IN DRUG RING Two Cambridge residents were among 27 people charged when police busted a major drug ring last Thursday. Phounsaueth Xaysy, 23, and Lithmouthay Xaysy, 29, are charged with possession of cocaine with the purpose of trafficking. They were arrested at their Hungerford Street home. The bust netted police millions of dollars worth of drugs, cash and other items. Seized from homes across southern Ontario was: cocaine valued at $2.4 million; ecstacy worth $500,000; hashish worth $300,000; and speed valued at $100,000. Police also seized $500,000 cash, a Mercedes-Benz sport utility vehicle and a Mercedes-Benz convertible, three handguns, an assault rifle, computers, cell phones, a money counter and a hydraulic drug press used to package cocaine. "This is a significant seizure and dismantling of an organized drug ring," said Staff Sgt. Bryan Larkin of the Waterloo Regional Police. "All of the individuals were known to each other and were trusted individuals...It's very similar to a corporation. There was a hierarchy. There were individuals responsible for different facets of the drug business, is what we're alleging." The drug ring had been the focus of a year-long investigation by Waterloo Regional Police, Royal Canadian Mounted Police, and police in Stratford, Hamilton, Guelph and Toronto. "Of particular interest to us as we worked through this investigation were the constant threats of intimidation that were identified through different investigational techniques that were employed," said Sgt. Paul Williams of the RCMP. " Life within the drug sub-culture can be very violent, particularly when money is owed and debts are being collected." Others charged in the bust are males and females ages 19 to 49 living in Kitchener, Waterloo, Toronto, Guelph, and Goderich. One of the suspects was arrested in Vancouver, B.C. Most of the suspects remained in custody yesterday. Charges laid against the suspects are related to drug trafficking, conspiracy, money laundering, kidnapping, extortion, assault, and proceeds of crime. - --- MAP posted-by: Larry Seguin