Thursday 19 July
Powered by Ajaxy
Oct 13, 2017 @ 18:19

DHL heir Larry Hillbroom Jr. faces up to 50 years in jail for drug trafficking

 

An heir to the DHL Express empire has been arrested again in Palau for alleged drug trafficking, authorities in the Pacific island nation said Friday.

Larry Hillbroom Jr., a multi-millionaire who holds US and Palauan passports, was arrested on Tuesday for allegedly dealing methamphetamine, Justice Minister Raynold Oilouch said.

According to court documents, Hillbroom was charged with two counts of trafficking a controlled substance, an offence which carries a sentence of 25-50 years in Palau.

He was already awaiting trial on a separate drug trafficking charge.

The Supreme Court set bail at $250,000 which had not been posted by Friday, meaning the 32-year-old remains in custody.

Hillbroom is a son of DHL founder Larry Hillblom although their surnames are spelled differently.

He is one of four illegitimate children sired by Hillblom who successfully sued for a slice of the billionaire businessman’s fortune after he died in a plane crash in 1995.

Hillbroom’s inheritance has been estimated at $100 million, although he said earlier this year that financial mismanagement meant it was now much less.

Normally based in the United States, Hillbroom was visiting Palau last year when he was arrested for allegedly arranging for two women to smuggle methamphetamine from Manila to Palau.

He fled from custody after his arrest but was caught at a resort one night later when police plucked him from the sea as he tried to swim away.

The latest charges relate to two drug purchases allegedly made by an undercover informant at Hillbroom’s property in April and May.

His next court mention is scheduled for October 27.

(Agence France-Presse)

Tags: , , , , , , , , , ,

Related Stories
China said on Monday its economic growth slowed slightly in the second quarter as a
A US hedge fund is demanding almost $800 million from South Korea at an international
More foreigners opted to take their money out of the Philippines last month.
The US and China on Friday launched tit-for-tat tariffs on each other's imports, the opening


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.