Earlier this week, Colombia’s Department of Forfeiture traveled from Bogota to Medellin to begin their occupation of property belonging to “The Queen of Cocaine,” Griselda Blanco. The DEA has estimated Blanco’s properties–including farms, houses, commercial spaces and other buildings–to be worth an estimated $500 million. The authorities are looking to seize these properties, in Colombia and the United States, because it is believed that they were purchased with proceeds from drug trafficking.
If you’ve never seen Cocaine Cowboys, Griselda Blanco is one of the most ruthless cocaine dealers the world has ever seen. Operating out of Miami, “The Godmother” was popping before Pablo Escobar, moving tons of Colombian cocaine,
making a fortune and dropping at least 250 bodies. She was sentenced to 60 years in prison, but was deported to Colombia, where she was gunned down by assassins in 2012, as she entered a butcher’s market. The day she died, she was trying to sell a building for 150 million pesos ($8.9 million).
According to El Tiempo, the feds seized four properties worth 2 billion pesos (about $118.7 million). They are investigating at least 50 other properties. That number could rise as properties belonging to Blanco’s sons, Michael Corleone Blanco, Dario Trujillo-Blanco and Uber Esneider Trujillo Blanco. According to reports, there are hundreds of properties, including a 550 million-peso (about $32.6 million) apartment. Also under investigation is Blanco’s sister Nury Restrepo (who identified her body and bought her solid gold casket), who’s name appears on various deeds. In 2005, Restrepo purchased a 1,500 square meter mansion, for her sister, surrounded by 800 square meters of gardens, in Colombia with cash.
It is reported that the an American citizen living in San Benito County, CA is locating the properties for the authorities. According to El Tiempo, the Colombian “mafia” was given control of Blanco’s fortune. Various real estate transactions were
made through attorney Jesus Aguirre Guillermo Mejia. The feds have identified 70 properties that have been passed along to new owners, who didn’t know the origins of their purchase.
The people controlling the properties owned by Griselda Blanco are faced with the challenge of proving that these properties were not purchased with drug money. If they can, they will keep them. In addition to the properties, authorities are looking for a private jet, a gold plated Mac 10, china belonging to Isabella II of Spain, and “creeks filled with dollars.” Stay tuned for more.