Richmond’s Vincent Ramos admits he made $80 million in the past decade helping international organized crime groups like the Sinaloa cartel by selling them encrypted untraceable electronic devices.The U.S. Attorney in San Diego has filed a claim against Ramos’ bank accounts, investments and real estate holdings around the world.
The U.S. also wants “money, funds and credits” from 30 different bank accounts linked to Ramos. Some are in his own name and some in the name of his Phantom Secure Encryption company or other companies he set up. The U.S. also wants to keep the contents of Ramos’s Beverly Hills’ vault including $101,080 in U.S. currency, 19 gold Eagle coins and seven gold Buffalo coins.
Also included is a one-bedroom condo in a Las Vegas tower, $751,400 in proceeds from the sale of a Richmond house, and an attached lot sold last April for a total of $1,550,000. Ramos, who lived with his family in Richmond until his arrest in March 2018, maintained Phantom Secure servers in Panama and Hong Kong — hidden behind virtual proxy servers — and even remotely wiped data from devices seized by law enforcement.
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