Jet-Fueled Car, $3M in Luxe Items Seized from Caribbean's Biggest Drug Lords

Authorities have seized approximately 3.2 million dollars worth of luxury watches and suped-up cars Wednesday morning from members of the largest drug trafficking organization in the Caribbean.

The investigation, led by U.S. immigration and Customs Enforcement (ICE) and Homeland Security Investigations special agents, found a total of 15 luxury watches worth $1 million and 16 classic and collection cars worth 2.2 million dollars.

Among the items was a special edition Camaro with an engine that runs on jet fuel valued at more than $75,000 and a Roger Dubois watch worth approximately $100,000.

"These seizures are proof that ICE HSI will continue to aggressively go after those organizations dedicated to the importation of drugs into Puerto Rico as well as their assets," said Roberto Escobar Vargas, special agent in charge of ICE HSI in Puerto Rico.

The members belong to the Jose Figueroa-Agosto - aka Junior Capsula - drug trafficking organization. Jose Figueroa-Agosto, 46, the leader of the organization and 12 other members were arrested by ICE HSI agents on Nov. 21, 2010.

Figuera-Agosto is facing charges that run back to 1994. It is alleged that he and his organization orchestrated and carried out cocaine trafficking between the United States, Puerto Rico, and the Dominican Republic.

The group was charged in a 12-count indictment with conspiracy to import narcotics into the United States, conspiracy to possess with intent to distribute controlled substances, and money laundering.

The indictment also seeks to forfeit the proceeds obtained as a result of such offenses, up to an amount of $100 million.

Figueroa-Agosto is facing a mandatory life sentence if found guilty of the continuing criminal enterprise charge, while members of his organization face a minimum of 10 years in prison but are eligible for a life sentence.