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The clans of the Calabrian 'Ndrangheta, a version of the Sicilian Mafia on the southern mainland, and members of the Gambino Mafia family in New York, were in the advanced stages of plans to smuggle some 500 kg (1,000 pounds) of pure cocaine from Guyana in South America to the port of Gioia Tauro in Calabria.
Italian investigators estimated the street value of the cocaine after cutting at about $1 billion.
The drugs, supplied by Latin American drug cartels, were to have been sent to Italy hidden in shipments of canned fruit. Some of it would then have been smuggled to the United States.
Authorities arrested 24 alleged mobsters in both Italy and New York
Officials say the gangsters were planning to move 1,000 pounds of cocaine from South America to Italy
After cutting, authorities estimate the cocaine was worth about $1 billion
By DAILY MAIL REPORTER and REUTERS
PUBLISHED: 11:51 EST, 11 February 2014 | UPDATED: 18:19 EST, 11 February 2014