Merren denies money laundering, drug smuggling

(CNS): A 47-year-old Caymanian held in jail in Puerto Rico has now formally denied the charges of drug trafficking and money laundering, according to US records. Bryce Merren has pleaded not guilty to three counts of conspiracy and attempt to possess and distribute more than five kilograms of cocaine after he was caught out by undercover US agents. The undercover cops say the Caymanian business man wired $200,000 from a Cayman bank account to a Puerto Rican account as a down payment for a cocaine deal in which he had plans to move some three thousand kilos of the narcotic. Merren is currently remanded in custody at the Guaynabo prison on the US owned island. (Photo courtesy Spike)