Columbia Nabs Country's Top "Drug Baron"

BBC:

Mr Montoya - known in Colombia's underworld as the "boss of bosses" - appears on the US Federal Bureau of Investigation's "10 Most Wanted" list.

He is accused of producing tons of cocaine for the US market. Officials say he helped found the Norte del Valle cartel based near the city of Cali.

The BBC's Jeremy McDermott in Bogota says Mr Montoya's capture is a huge coup for the government and ends the reign of one of the legends of the Colombian underworld

[...]

US authorities had offered a reward of $5m for information leading to Mr Montoya's arrest.

Colombia's Defence Minister, Juan Manuel Santos, said Mr Montoya controlled a vast trafficking network responsible for about 70% of the cocaine smuggled to the US and Europe.

I'm interested to see what this does to already tight cocaine market in the US.

Side note: Am I the only one who thinks top hat and cane when I hear baron? Montoya doesn't do much to live up to the expectations of a baron....Full article here.