RegulationPrimary source

Two Men Charged With Cocaine Trafficking For Operating Queens Stash Apartment

United States Attorney for the Southern District of New York, Jamie McDonald, and Special Agent in Charge of the New York Enforcement Division of the Drug Enforcement Administration (“DEA”), Farhana Islam, announced the unsealing of an Indictment charging GLEN CONTRERAS and ERICK MARCANO with conspiring to distribute vast quantities of cocaine.

What happened

United States Attorney for the Southern District of New York, Jamie McDonald, and Special Agent in Charge of the New York Enforcement Division of the Drug Enforcement Administration (“DEA”), Farhana Islam, announced the unsealing of an Indictment charging GLEN CONTRERAS and ERICK MARCANO with conspiring to distribute vast quantities of cocaine.

Why it matters

The decision may change compliance obligations, market access or operating costs for Regulation.

Affected entities

View evidence

1 reports · 1 original report · 1 independent

  1. U.S. Department of JusticePrimary source · Supports · EN · 100%
    Two Men Charged With Cocaine Trafficking For Operating Queens Stash Apartment ↗

Claims

  • Two Men Charged With Cocaine Trafficking For Operating Queens Stash Apartment Observed

Conflicts

No material conflict detected in the available evidence.

Timeline

  1. First reported

Market move following event

Market reaction is not yet available for this asset and time window.

Score explanation

Confidence · formula confidence-2.1.0
Source trust97
Independent corroboration51
Primary evidence100
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude82
Market relevance88
Entity significance42
Market breadth45
Novelty68
Urgency76
Ranking · formula rank-1.0.0
Confidence factor0.9235
Freshness factor0.912
Breaking bonus0