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FROM THE CHRONICLES of Monte Friesner – Criminal & Intelligence Analyst and Consulaire for WANTED SA~ ~Contributed & Written by Kenneth Rijock
Gary James Lundgren, the Alaskan native, and Panama resident, whose US licenses to sell securities were revoked for life by FINRA, has a curious way of paying his staff, vendors, and others whom he transacts business with. He pays them in a special kind of cash that ordinarily never sees the light of day: drug profits, smuggled in from Colombia.
Here's how we know what Lundgren is using. A decade ago, he was one of the money launderers for David Murcia Guzmán, the pyramid/Ponzi schemer who used his "legitimate" business as a cover for the laundering of narco-cash. Murcia shipped the drug dollars into Panama, at night, covertly on fast speedboats, in large duffel bags, and plastic garbage bags. This bulk cash smuggling was conducted for several months.
While en route, sometimes the cash would be sprayed with Pacific Ocean saltwater. When it came in Lundgren's hands, he often had damp money to clean. it now appears that he retained physical custody of a large portion of the cash entrusted to him, when Murcia was arrested, and summarily deported to, first Colombia, and then the United States, to face multiple charges related to his Ponzi scheme.
If you have ever gotten your wallet wet while on the high seas, the cash, after it dries, tends to retain a unique, somewhat rotten, odor. This week, one of Lundgren's tradesmen noticed the exact smell on cash that was given to him, by Gary Lundgren, as payment for services rendered. Gary reportedly also pays his staff, vendors, and other payees, the same way.
We wonder exactly how many millions of dollars, in Murcia drug cash, Gary Lundgren stole, and still has on hand. Remember, David Murcia moved as much as $3bn into Panama, and most of it has never been accounted for. Just how much of this remains in Gary James Lundgren hands is, I am sure, a question that several American law enforcement agencies would like to know, as well as the location of the storage facility where it resides.
WANTED SA kindly thanks US Treasury, Kenneth Rijock, AFP, Reuters, BBC, Associated Press, DEA, FBI, ICE, Westlaw, Arutz Sheva, and all the Parties, Press, Journalists, Law Enforcement and Securities forces who have contributed to the many articles and their sincere opinions and statements.
WANTED SA states that the facts and opinions stated in this article are those of the author and not those of WANTED SA. We do not warrant the accuracy of any of the facts and opinions stated in this article nor do we endorse them or accept any form of responsibility for the articles.
