1. BUST

    Cocaine Haul Found on U.K. Yacht

    Image #: 14944893    Cocaine from Britain's largest ever cocaine seizure is displayed by UK Border Agency staff in London August 3, 2011. The cocaine, weighing a total of 1.2 tonnes, with a street value of up to £300 million was found hidden beneath the bathing deck of a yacht after a six-day search of a £1 million pleasure yacht at the Southampton docks in June.   REUTERS/Stefan Wermuth (BRITAIN - Tags: CRIME LAW)       Reuters /STEFAN WERMUTH /LANDOV

    Stefan Wermuth, Reuters / AP Photo

    The U.K.'s Metropolitan police found a cache of cocaine worth £300 million (or roughly $500 million) on a pleasure cruiser in Southampton. Scotland Yard has arrested six people in connection to the drugs, which are 90 percent pure and believed to have come from Venezuela. After police seized the 65-foot yacht, it took investigators six days to find the drugs. Scotland Yard hopes the arrest is the final link in taking out a larger global network, including dealers in London who smuggled cocaine on a private boat from South America through the Caribbean and eventually into the U.K.

    Read it at The Guardian