Published on June 14th, 2013 | by Daniel R. Perlman0
State police search Newark home, arrest man for drug dealing, money laundering
State police seized a large cache of heroin from a North Ward residence Thursday evening – and arrested a man with suspected gang ties for drug dealing and money laundering, authorities said.
Pedro Cruz, 36, was arrested after police executed a search warrant at his Carteret Street home – and allegedly found 250 bricks of heroin, a loaded handgun, and thousands in cash and seized personal items, said Sgt. Adam Grossman.
Detectives from the state police‘s Strategic Operations Unit executed the search warrant at 5 p.m. Thursday, Grossman said. The heroin’s street value was estimated at $75,000, and there was $13,000 in cash and $51,000 in personal items also seized by troopers, Grossman said.
Those items included a chinchilla fur coat, a Cartier men’s watch, and a men’s diamond bracelet, he added. The 9mm handgun was allegedly loaded with hollow-point bullets.
The search warrant was executed by state police Thursday evening on Carteret Street, in the city’s North Ward, authorities said.
Cruz was charged with possession of heroin, possession of heroin with the intent to distribute, possession of a handgun, unlawful possession of a weapon, possession of hollow-point rounds, possession of a firearm during a drug offense, and money laundering, Grossman said.
Bail was set at $350,000 with no 10-percent cash option, and he was taken to the Essex County Jail, Grossman added.
The state Attorney General’s office will be handling Cruz‘s prosecution, he said.
Cruz is affiliated with a street gang, Grossman said – although authorities are not identifying the gang.
Source: nj.com “State police search Newark home, arrest man for drug dealing, money laundering,” June 14, 2013.