The Nation - News from Jan. 10, 1986

Federal drug agents in New York said that they smashed a major cocaine-and-heroin ring that was supplying the New York area and seized $5.8 million--the largest amount of cash ever taken from one suspect. The agents raided the Mineola, N.Y., home of Philip Alexander Vasta late Wednesday and found 25 cartons stuffed with $20 bills, 16 pounds of cocaine and 14 pounds of heroin worth nearly $8 million, agents said. They arrested Vasta, 46, John Charles Sforza, 59, of Whitestone, Queens, and Edward Gerald Margiotta, 24, of Bronxville, N.Y.