Agents Uncover Clues to Drug Lord, Escobar’s Hidden £50B


Ololade Adeyanju/
Divers have reportedly found clues which may finally reveal the location of drug kingpin Pablo Escobar’s rumoured £50bn hidden fortune.
The Sun reports that two former CIA agents have found objects linked to one of Escobar’s cocaine smuggling submarines.
Escobar used submarines to transport cocaine from Colombia to Puerto Rico, after which it would be transported to the US mainland.
According to the Sun, the divers, Doug Laux and Ben Smith, who used to work for the CIA are exploring an unknown location off the coast of Colombia.
They believe if the submarine is found, it could contain the fortune they seek.
While they are yet to find anything of value, they believe that the shifting seabed would have moved the wreckage and are still hoping to find it in the vicinity.
Escobar led the Medellin Cartel which supplied 80 per cent of the cocaine consumed in the U.S. in the 1980s.
Escobar began his criminal career as a teenager selling contraband cigarettes and stealing cars on the streets of Medellin in Colombia.
He moved on to cocaine trafficking in the 1970s and became so successful that he had 15 planes and six helicopters to help smuggle the drugs into the U.S.
By the mid-1980s, Pablo Escobar’s cartel was bringing in $420 million (£300 million) a week, nearly $22 billion a year.
Most of his fortune Escobar stashed in cash in various locations, and reportedly had to spend $2,500 a month, about £1,900, on rubber bands, to keep his notes in order.
In 1989, he was listed as the seventh richest man in the world by Forbes Magazine, and had become known locally as a ‘Robin Hood’ figure, as he gave some of his money to the poor in Colombia and built housing for the homeless.
He was shot in December 1993, while trying to escape across nearby roofs with his bodyguard, Alvaro de Jesus Agudelo, who was also shot and killed.
However, some people have claimed that Escobar actually committed suicide after hiding the majority of his fortune at unknown locations as most of his money has never been found.
In 2009, $8 million (£5 million) had been discovered at a hidden complex built in the jungle, where there had been cocaine factories.
Christian de Berdouare, a chicken restaurant owner, who bought Escobar’s former Miami mansion in 2014 for $10 million believes there could be hidden treasure stashed inside the property.