New York (CNN Business) US authorities in Philadelphia seized a cargo vessel in June with nearly 20 tons of cocaine on board. The ship, as it turns out, is owned by a fund run by banking giant JPMorgan Chase. The MSC Gayane was seized by the US Customs and Border Protection agency after 20 tons of cocaine were found. MSC has a longstanding history of cooperating with U.S. federal law enforcement agencies to help disrupt illegal narcotics trafficking." it is cooperating with law enforcement and is not a target of the US government's investigation.

Source: CNN July 10, 2019 19:41 UTC