US agents seize record US$27m in cash on ship bound for USVI

US agents seized a record US$27 million in cash on board a ship that was bound for the US Virgin Islands on Saturday. 

The seizure took place during a joint investigation between U.S. Customs and Border Protection (CBP), the Drug Enforcement Administration (DEA), Homeland Security Investigations (HSI) and the United States Attorney’s Office for the District of Puerto Rico.

CBP officers seized an undeclared currency totaling $27 million found inside boxes bound to St. Thomas, U.S. Virgin Islands.

Commenting on the find Gregory Alvarez, Director of Field Operations in Puerto Rico and the U.S. Virgin Islands  Transnational Criminal Organizations seek to conceal proceeds and move it as part of their criminal activities even as he reaffirmed their commitment to work with other federal and local law enforcement partners to detect and deter smuggling attempts throughout the Caribbean.