Australian Police Bust Smuggling Boat With $400M in Cocaine

Police in New South Wales, Australia have arrested five people in connection with a one-tonne shipment of cocaine seized from a boat off the province's central coast. 

The police were tipped off about a possible inbound shipment of drugs when they received word of a large cash purchase of a 13-meter motor cruiser from a seller near Sydney. In Australia, cash buys of ocean-capable pleasure boats are sometimes a signal of an imminent ship-to-ship narcotics importation attempt. 

The...