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Chicago police seize $10M worth of drugs, guns

Published: Saturday, Sept. 7, 2013 11:49 p.m. CDT

CHICAGO – A 33-year-old Chicago man has been arrested after police say they found $10 million worth of drugs as well as guns and cash inside his home.

In a statement, Chicago police say Jose Corona, who also uses the name Margarito Raygoza, is a gang member.

They say they found bulk quantities of heroin, cocaine and crystal methamphetamine and about 50 pounds of marijuana during a search of his home Thursday. They also found two handguns, $47,000 in cash and three vehicles – two of which they say were used to transport contraband.

It was unclear as of Saturday if Corona had an attorney.

He was in custody on charges of drug possession and was scheduled for a bond hearing on Saturday.

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