Pubdate: Mon, 22 Sep 2014 Source: National Post (Canada) Copyright: 2014 Canwest Publishing Inc. Contact: http://drugsense.org/url/wEtbT4yU Website: http://www.nationalpost.com/ Details: http://www.mapinc.org/media/286 Author: Adrian Humphreys Page: A1 A BLACK-MARKET ECONOMICS LESSON Why do drug traffickers risk everything to smuggle their cargo across a border? Because they can double their revenue, as shown by a drug haul found by U.S. authorities before it could be transported into Canada. When 15 kilograms of cocaine and nine kilograms of methamphetamine were seized in the Grandview Business Center in Ferndale, Wash., its street value was US$550,000. If the planned run had been completed - just 17-kilometres north, past the Peace Arch border into British Columbia - the street value would have jumped to more than $1 million, said the U.S. Immigration and Customs Enforcement. It's a lesson in black-market economics. "The street value goes up the further north you go. Most of it comes from the south, south of the U.S. border," said Andrew Munoz, spokesman for the U.S. Immigration and Customs Enforcement. Crossing borders adds the most value. "There's cost involved, there is risk. Couple that with the high demand." The production cost of cocaine, for example, is low, especially compared with its high retail price on North American streets; its increased value comes from high demand, risk compensation and smuggling expense. And one thing about drug traffickers, they are capitalist to the core, always on the prowl for increased profit. This load of drugs were quietly seized on Sept. 10, but only revealed by authorities last week when photos of the drugs were released in an attempt to identify the dealers. "We have credible information to believe they were destined for Canada. We work with Canada Border Services and the RCMP," said Mr. Munoz. Each brick of cocaine is crisply branded with the capital letters: "VITO." Mr. Munoz said he has no information to suggest the brand is a reference to Vito Rizzuto, the Mafia boss from Montreal who died in December. He said investigation indicates the original owners were from the southern hemisphere and the buyers local. The role of borders in the economics of drug trafficking has long been a key factor in the trade, no less so in the Washington-British Columbia border region. A large drug network in the area was targeted by authorities in 2011 with seizures, raids and the arrest of 12 people in Canada and the United States. They were accused of exploiting the border with Canada to maximize their drug profits by bringing Canada's marijuana south to sell at a premium in the United States and using the proceeds to buy cocaine in California and sending it north for the higher revenue in Canada. In Canada it was delivered to members of the Hells Angels Motorcycle Club for distribution, court heard. When the U.S. ringleader, Jacob Saul Stuart, 39, from a Seattle suburb, was sentenced to 15 years in prison, U.S. Attorney Jenny Durkan said: "His lust for drug money disregarded the harm he spread throughout communities in the U.S. and Canada, and enriched a violent criminal gang." In 2012, James Postlethwaite, 60, of North Vancouver, B.C., was sentenced to 12 years in prison for his role as a drug courier for hiding cocaine and marijuana in secret compartments in a 40-foot semi-trailer for cross-border runs. The new case is still under investigation and details of the circumstances of the night-time seizure at the business centre and how authorities learned of it are not being released, said Mr. Munoz. "We do have persons of interest," he said. And authorities are expecting them to be illicit entrepreneurs. - --- MAP posted-by: Jay Bergstrom