Posted: Jun 4, 2014 3:27 PM
Source: Associated Press
SHREVEPORT - Caddo Parish Sheriff Steve Prator says 1,852 silver bars have been confiscated from a Shreveport man accused of dealing drugs.
Lt. Carl Townley says investigators believe the one-ounce ingots probably were bought to launder drug money.
Prator and Shreveport Police Chief Willie Shaw held a news conference Wednesday about the arrest Saturday of 38-year-old Sloan Jackson. They say the silver's worth about $35,000.
Jackson was booked on several drug counts. It was not clear whether he has an attorney.
Townley says deputies have been investigating Jackson for about a month and got a search warrant on a tip that he'd returned to town with about a pound of methamphetamine.
Authorities say the drug was in a candle found in Jackson's car.
Townley says the silver was hidden around Jackson's home.