World Daily News
Business
United States / Colombia

Fabio Ochoa, Medellín Cartel Leader, Released After 25 Years in Prison

Images from the reference sources
Fabio Ochoa Vasquez, a former leader of the Medellín Cartel, has been released from U.S. prison after serving 25 years for drug trafficking and is expected to be deported to Colombia.


Fabio Ochoa's Release from Prison

Fabio Ochoa Vasquez, a notorious figure in the Medellín Cartel, has been released from a U.S. prison after serving 25 years of a 30-year sentence for drug trafficking. The 67-year-old drug lord is expected to be deported back to Colombia, where he played a significant role in the drug wars of the 1980s. According to the U.S. Bureau of Prisons, Ochoa's release occurred on December 4, 2024, marking the end of a lengthy incarceration that began after his conviction for conspiracy to possess and import over five kilograms of cocaine into the United States.

Ochoa's Criminal Legacy

Ochoa, along with his brothers, was instrumental in the Medellín Cartel's operations during the cocaine boom in the late 1970s and early 1980s. His wealth was so substantial that he was listed among the world's billionaires by Forbes in 1987. During his time in Miami, he managed the cartel's distribution network, which was once led by the infamous Pablo Escobar. Ochoa's criminal activities were not limited to drug trafficking; he was also involved in the formation of the MAS (Death to Kidnappers) group, which emerged in response to the kidnapping of his sister by the M-19 guerrilla group.

Future Prospects and Legal Battles

After initially turning himself in to Colombian authorities in 1990, Ochoa served seven years in prison before resuming his illegal activities. His subsequent arrest in 1999 led to extradition to the United States, where he faced significant legal challenges. Richard Gregorie, a retired federal prosecutor involved in Ochoa's conviction, expressed skepticism about the ability of authorities to fully recover Ochoa's illicit gains, stating, “He won’t retire a poor man, that’s for sure.” Ochoa's attorney, Richard Klugh, has previously argued for his client's early release, citing the disproportionate nature of his sentence compared to the amount of cocaine attributed to him.

Clam Reports
Refs: | ANSA | TELEMUNDO |

Trends

Business

Saudi Arabia Innovates Lithium Extraction from Oil Wells

2024-12-17T17:57:36.086Z

Saudi Arabia has successfully extracted lithium from oil well brine, aiming to launch a commercial pilot program to support the electric vehicle industry.

Business

Interest Rate for Home Savings Plans Drops to 1.75% in 2025

2024-12-18T13:28:02.354Z

The interest rate for home savings plans (PEL) will decrease to 1.75% starting January 1, 2025, marking the first reduction in over eight years.

Business

Syria's Central Bank Sets Lira at 15,000 to Dollar, Resumes ATM Services

2024-12-18T12:47:45.497Z

The Central Bank of Syria has set the exchange rate of the lira at 15,000 to the dollar and resumed ATM operations, introducing electronic payment services to enhance banking stability.

Business

Flamanville EPR Reactor to Connect to Grid on December 20, 2024

2024-12-18T12:17:28.006Z

The Flamanville EPR reactor in France is set to connect to the electricity grid on December 20, 2024, marking a significant milestone in the country's nuclear energy revival.

Business

Tunisia's Olive Oil Crisis: Economic Challenges and Reform Opportunities

2024-12-18T14:07:25.529Z

Tunisia faces a severe crisis in its olive oil sector, with prices plummeting and farmers protesting due to lack of demand and liquidity. The crisis stems from aggressive anti-corruption measures and international competition, highlighting the need for comprehensive reforms.

Business

AI-Powered Radar to Detect Drunk Drivers Tested in UK

2024-12-18T13:27:41.802Z

AI technology is being tested in the UK to detect impaired drivers, enhancing road safety during the holiday season.

Latest