Pubdate: Mon, 08 Aug 2005 Source: Connecticut Post (Bridgeport, CT) Copyright: 2005sMediaNews Group, Inc Contact: http://www.connpost.com/ Details: http://www.mapinc.org/media/574 Author: Michael P. Mayko Bookmark: http://www.mapinc.org/af.htm (Asset Forfeiture) DRUG MONEY DIVIDED AMONG TOWNS The $1.15 million might be considered pocket change in Jose Stroh's drug money-laundering operation. Over six years, Stroh converted more than $129 million into pesos for Colombia's drug cartels before he was caught and sent to prison. On Friday, U.S. Attorney Kevin J. O'Connor announced that police departments in Bridgeport, Easton, Fairfield, Greenwich, Milford, Norwalk, Stratford and Stamford each would get a piece of the $1.15 million. "It's very good news not only to the police department, but also to the taxpayers," Bridgeport Mayor John M. Fabrizi said after learning his department will get about $81,000. "Instead of having to take money out of our city coffers, we've got this money coming in to help our officers do their jobs." He said it might be used for new guns and bulletproof vests. Fairfield First Selectman Kenneth A. Flatto said his town's nearly $69,000 slice might be used to buy new communication equipment for the police department. "This may be the largest forfeiture distribution in Connecticut in the last 20 years," he said. Easton received the largest amount, $137,940. Bridgeport was next with $80,465. "First and foremost, our officers have always played a big part in regional law enforcement task forces put together by the federal government to investigate gangs and drugs," Fabrizi said. Fairfield, Stratford, Norwalk and Stamford each will receive $68,970. "This is a credit to our officers, who work long, hard hours on these investigations," Flatto said. "It gives us an opportunity to cover a specialized item." Flatto said the last time Fairfield received federal forfeiture money it was used to buy a mobile command center. "This money will go into the revolving account the department has for federal forfeitures," he said. "We have lots of needs, particularly communication equipment, so we'll sit down with the chief and discuss how it should be spent." Greenwich and Milford each will receive $57,476, O'Connor said. The State Police will receive $34,485 and the National Guard Counterdrug program will get $22,990. "It's tremendously gratifying that those departments who spent so much time on this investigation will benefit financially for this," O'Connor said. "Asset forfeiture is one of federal law enforcement's most powerful tools in fighting crime and deterring criminal behavior." An additional $482,788 went into the U.S. Justice Department's asset forfeiture fund. The money is parceled out by the Department of Justice Equitable Sharing Program, which uses a formula based on the man-hours each department devoted to the investigation. Stroh, a currency broker from Cali, Colombia, was dubbed the "godfather of money launderers" by federal authorities. Money from cocaine sales in the United States were stuffed in burlap sacks here and picked up by Stroh's associates. It then was divided in stacks of $2,000 to $5,000 and taken to banks from Stamford to Bridgeport. There, money orders and cashier's checks were purchased. The checks were then secreted in magazines sent by couriers to businesses Stroh controlled in Panama. The money was then converted into pesos and deposited into bank accounts maintained by Stroh. He kept his cut and the remainder was delivered to representatives of the cartels that hired him. In February 2001, Senior U.S. District Judge Alan H. Nevas sentenced Stroh to the then-maximum five years in prison and fined him $200,000 for conspiring to launder money. The $1.15 million came from a Florida brokerage account Stroh maintained. - --- MAP posted-by: Beth