Major drug bust involving multiple agencies across Canada, US nabs $55M worth of meth, cocaine

Police agencies from across Canada and in the U.S. have made a record-setting drug bust with roots in Alberta. And Global News has learned one of the men charged in the investigation recently survived a shooting in southwest Calgary.

Over the span of nearly three years, Project Cobra confiscated an estimated $55 million worth of methamphetamine and cocaine as part of a cross-border investigation.

A total of 928 kilograms of meth, along with six kilograms of cocaine were seized, as well as roughly $7 million worth of assets that have been seized or placed under criminal restraint.

Two large homes, including a $3.5-million house in Niagara-on-the-Lake, two Mercedes G-Class SUVs, two Lamborghinis, a Porsche, a Mercedes car, classic cars and $200,000 in cash were also part of the seizure.

The investigation included numerous police and specialized agencies including the Calgary Police Service, Edmonton Police Service, U.S. Homeland Security Investigations, U.S. Customs and Border Protection, Canada Border Services Agency (CBSA), Niagara Regional Police, Canada Revenue Agency, Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), and RCMP units in Ontario, Nova Scotia, Saskatoon, North Battleford, Sask., and Osoyoos, B.C.

For more info, please go to https://globalnews.ca/news/9161331/55-million-drug-bust-alert-project-cobra/

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