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Top Ten Cities for arresting Americans


The top 10 cities where Americans were arrested and the number taken into custody:
1. Tijuana: 520
2. Guadalajara: 416
3. Nuevo Laredo: 359
4. London: 274
5. Mexico City: 208
6. Toronto: 183
7. Nassau, Bahamas: 108
8. MĆ©rida, Mexico: 99
9. Nogales, Mexico: 96
10. Hong Kong: 90

Arrests WorldWide (Drug Enforcement)

Arrests WorldWide (Drug Enforcement)

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2,500 citizens are arrested abroad. One third of the arrests are on drug-related charges. Many of those arrested assumed as U.S. citizens that they could not be arrested. From Asia to Africa, Europe to South America, citizens are finding out the hard way that drug possession or trafficking equals jail in foreign countries.
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Drug Enforcement automatically monitors news articles and blog posts tracking breaking news of arrests and drug incidents as they happen worldwide .These inter-active News Reports are followed as they develop. Giving you the chance to comment on breaking stories as they happen. Drug Enforcement alerts you to topics that are frequently linked to and commented upon in the world press. Someone is arrested every 20 seconds for a drug related offense !Readers are solely responsible for the content of the comments they post here. Comments are subject to the Blogspots terms and conditions of use and do not necessarily reflect the opinion or approval of the Drug Enforcement site. Readers whose comments violate the terms of use may have their comments removed or all of their content blocked from viewing by other users without notification.

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Drug Enforcement automatically monitors news articles and blog posts tracking breaking news of arrests and drug incidents as they happen worldwide .These inter-active News Reports are followed as they develop. Giving you the chance to comment on breaking stories as they happen. Drug Enforcement alerts you to topics that are frequently linked to and commented upon in the world press. Someone is arrested every 20 seconds for a drug related offense !Readers are solely responsible for the content of the comments they post here. Comments are subject to the Blogspots terms and conditions of use and do not necessarily reflect the opinion or approval of the Drug Enforcement site. Readers whose comments violate the terms of use may have their comments removed or all of their content blocked from viewing by other users without notification.

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Monday, March 31

In the Comfort Zone Hedge fund manager Matthew MacIsaac of MM Asset Management Inc had been charged with conspiracy to traffic cocaine.

Mr. MacIsaac, ranked among Canada's most successful fund managers, had been charged with conspiracy to traffic cocaine.
He was among 33 people arrested after police raided a bar called the Comfort Zone at 4:30 a.m. on a Sunday. Sources say Mr. MacIsaac, who lives in a nearby loft, tried to explain the $600 in cash in his pockets to police by saying: "I'm a hedge fund manager."The arrest came after a six-week investigation known as Project White Rabbit, a probe that began when a 26-year-old Hamilton man died of an accidental overdose after allegedly purchasing drugs at the Comfort Zone. Police seized heroin, cocaine, ecstasy and GHB - known as the date rape drug - valued at $30,000 at the club, along with $35,000 cash."Drugs were being used openly; drugs were being sold openly," said Toronto Detective Sergeant Ed Roseto.Over two weeks, MM Asset Management repeatedly denied any involvement by an executive with the firm, until Mr. MacIsaac's lawyer, Austin Cooper, confirmed Friday that his client works at the hedge fund, and had been charged. He said the fund manager, who is free on bail, has yet to enter a plea.MM Asset Management executive Ben Cubitt insisted two weeks ago that the Mr. MacIsaac who serves as the fund's secretary was not the same Mr. MacIsaac charged after the raid. Mr. MacIsaac's first lawyer, Lenny Hochberg, declined to comment when asked if he was representing the same Mr. MacIsaac who worked at the fund.Mr. Cooper quickly confirmed the affiliation when he was asked on Friday. He also said there had been no attempt to hide the information.
"He is a good man," Mr. Cooper said. "I'm afraid that he was in the wrong place at the wrong time, and that police made a sweep and arrested everybody in the place. Of course, we are going to defend him vigorously."
Mr. MacIsaac likely earned $3-million last year. He and partner Hillel Meltz, MM Asset Management's president, and two remaining colleagues at the $300-million fund would have split $10-million of performance-based fees on a fund that returned 17 per cent for investors.
Through his lawyer, Mr. MacIsaac declined to be interviewed. Mr. Meltz was unavailable last week.
A rival fund manager said Mr. MacIsaac is building a sprawling cottage near Tofino, on Vancouver Island. MM Asset Management runs what's known as an event-driven fund called MMCap Fund Inc. that plays takeovers and other stock market moves. It has stakes in a number of small Canadian resource companies. The fund was launched in 2002 and has among the highest returns in the industry, with 20-per-cent plus performance in five of the past six years and two years of 40-per-cent-plus returns.
Among its backers are Arrow Hedge Partners Inc., a well-known fund-of-funds manager that has $20-million invested. Sources say Toronto-based MM Asset Management has told its institutional and wealthy individual clients about the charges against Mr. MacIsaac. Investors in the fund say Mr. Meltz flew back from his home in Israel to help deal with the issue. "These guys are great traders, they've put up great numbers. Obviously, though, this problem is a setback,' said one investor in MM Asset Management.The "setback" began with a St. Patrick's Day celebration that saw Mr. MacIsaac attend two parties before heading to the Comfort Zone club about 4 a.m., sources said. He took about $800 out of bank machines for the evening and had $600 in his pocket when he was arrested. There were 150 people in the club at the time.He was allegedly approached for drugs by the undercover police officer, a source said. Mr. MacIsaac allegedly tracked down some drugs and gave them to her. When she insisted on paying him, he allegedly refused.
The hedge fund filed a report on charges facing Mr. MacIsaac with the Ontario Securities Commission (OSC) a few days after the arrest, sources said. The regulator must be notified if a registered company executive is charged with a criminal offence. The OSC put out a notice last Thursday stating that Mr. MacIsaac's registration - which is needed for him to manage money - is now being reviewed monthly, rather than undergoing the typical annual review. MM Asset Management's principals started their careers at Connecticut-based K2 Advisors LLC, a large U.S. hedge fund that states on its website that it "adheres to the highest standards of ethical conduct in an era of increased scrutiny and transparency."

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Disclaimer: The statements and articles listed here, and any opinions, are those of the writers alone, and neither are opinions of nor reflect the views of this Blog. Aggregated content created by others is the sole responsibility of the writers and its accuracy and completeness are not endorsed or guaranteed. This goes for all those links, too: Blogs have no control over the information you access via such links, does not endorse that information, cannot guarantee the accuracy of the information provided or any analysis based thereon, and shall not be responsible for it or for the consequences of your use of that information.

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