JP Morgan Chase-owned vessel containing 20 tons of cocaine seized

Top Stories

(CNN) – Authorities in Philadelphia seized a JP Morgan Chase-owned cargo vessel with reportedly 20 tons of cocaine on board.

The banking giants don’t have operational control of the MSC Gayane, which is run by the Swiss-based ‘Mediterranean Shipping Company. ‘

Law enforcement agents boarded the ship in June and discovered the cocaine, the amount worth almost 1.3 billion dollars.

The bank has yet to comment.

Grab the FREE WDTN News App for iPhone or Android. Stay up to date with all the local news, weather and sports as well as live newscasts and events as they happen.

news-app-download-apple-350x50 news-app-download-android-350x50

Like us on Facebook and follow us on Twitter for all the latest news, weather and sports.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Latest Video on WDTN.com

More Latest Video
Tornado Recovery

Only on WDTN.com | Phil Wiedenheft

More profile-65422

Interactive Radar

More As Seen on 2 NEWS