Gangs & Organized Crime
10 Mind-Blowing Facts About Gangsters And Their Money

8. Frank Lucas Bought Home $1 Million Each Day

Former heroin dealer Frank Lucas, who ran his operation in Harlem during the late 1960s and early 1970s, was known for cutting out the middleman and directly sourcing his heroin from South East Asia. Lucas revealed that he used the coffins of deceased American servicemen to conceal the drugs they flew over to America. At the height of his narcotics career, he claimed to have been bringing home $1 million a day. He was eventually caught by investigators after attending a boxing match, arousing suspicion as he sat “closer to the ring than even the Italian mafia.”

Although his official financial records are yet to be seen, Lucas claimed he had “something like $52 million” sitting in an offshore Cayman Islands bank account. He also added that there is “maybe 1,000 keys (kilos) of dope on hand”, with a potential profit of $300,000 per kilo his wealth soon adds up. After his arrest, detectives seized offices in Detroit, apartments in Los Angeles, Miami and Puerto Rico. There was also his “Frank Lucas Paradise Valley”, a several-thousand-acre plot of land in North Carolina.

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