POLICE SEIZE RECORD $13.3M IN ASSETS IN COCAINE STING

Police in Winnipeg have made what they say is the largest asset seizure in their history after a 10-month investigation into a cocaine trafficking ring calling itself the Company. Insp. Max Waddell said 13 people were arrested earlier this month in relation to cocaine being moved from British Columbia to Winnipeg. Police said the drugs were distributed through a sophisticated operating network of dealers and local couriers. On Feb. 10, 144 officers in the two provinces executed search warrants in Winnipeg, Vancouver and Surrey, B.C. The total value of assets seized was more than $13.3 million. They included cocaine with an estimated street value of $1.4 million — as well as cannabis and ecstasy — and $2 million in cash. Police seized 12 vehicles and 10 properties valued at more than $4.6 million.