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Home»Security and Privacy»Dark Web Drugs Vendor Forfeits $150m After Guilty Plea
Security and Privacy

Dark Web Drugs Vendor Forfeits $150m After Guilty Plea

14 June 2025No Comments2 Mins Read
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Dark Web Drugs Vendor Forfeits $150m After Guilty Plea
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A productive Dark Web Drugs seller has guilty and agreed to forfeit $ 150 million, the largest single attack ever taken by the US Drug Enforcement Administration (DEA).

Banmeet Singh, 40, Van Haldwani, India, sold regulated fabrics, including Fentanyl, LSD, Ecstasy, Xanax, Ketamine and Tramadol via supplier locations at various dark web market places.

He then arranged shipping from Europe to the US, where he checked at least eight distribution centers in Ohio, Florida, North Carolina, Maryland, New York, North Dakota and Washington.

Between at least mid -2012 to July 2017, products were received in these centers and packed again for shipment in the US and to the VK, Canada, Ireland and the US Virgin Islands, according to the Ministry of Justice (DOJ).

Read more about NCA studies: Police arrest 1000 suspected money mules

Van Singh is said to have sold hundreds of kilos in this way and has won millions of dollars in the yield of cryptocurrency accounts.

The British National Crime Agency burned the “The largest single cryptocurrency and cash seizure in DEA history, worth around $ 150 million.”

The NCA was called to help with the investigation in 2017, and the following year the American attorney General Singh designated as a consolidated priority organization -target (CPOT) -to illustrate the severity of his crimes.

NCA Surveillance revealed Singh to live in Coventry. It claimed that he had founded a pharmaceutical company in the UK and lived a ‘moderate lifestyle’, spend part of the year in India.

He was arrested in April 2019, with searches on the building that discovered cooling storage portfolios and restorative seeds for the most important cryptocurrency accounts.

See also  New macOS Malware Targets Cracked Apps

The extradition of Singh to the US was postponed until 2023 after he had appealed to the European Court of Human Rights.

He is now the eighth member of the Narcotics Ring that has been convicted of drug trafficking in the US. Singh argued guilty of conspiracy to possess with the intention of distributing regulated substances and conspiracy to conduct money laundering. He will be confronted for eight years behind bars.

150M Dark Drugs Forfeits Guilty Plea Vendor Web
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