The heroin epidemic that ravaged our cities during the 50s and 60s basically originated with the CIA out of Southeast Asia. Almost from the moment of their founding in 1947, the CIA was giving covert support to organized drug traffickers in Europe and the Far East, and eventually the Middle East and Latin America. During the Vietnam War—hold onto your hats!—heroin was being smuggled into this country in the bodies of soldiers being flown home, coded ahead of time so they could be identified at various Air Force bases and the drugs removed.

Condensed and excerpted
from American Conspiraciesby
Jesse Ventura with Dick Russell,
with permission of Skyhorse
Publishing, Inc., New York, NYToward the end of American involvement over there in 1975, a former Green Beret named Michael Hand arranged a 500-pound shipment of heroin from Southeast Asia’s “Golden Triangle” to the U.S. by way of Australia. That’s where Hand had set up shop as vice chair of the Nugan Hand Bank, which was linked by the Australian Narcotics Bureau to a drug smuggling network that “exported some $3 billion [Aust.] worth of heroin from Bangkok prior to June 1976.” Several CIA guys who later came up in the Iran-Contra affair (Ted Shackley, Ray Clines and Edwin Wilson) used the Nugan Hand bank to channel funds for covert operations. By 1979, the bank had 22 branches in 13 countries and $1 billion in annual business. The next year, chairman Frank Nugan was found shot dead in his Mercedes, a hundred miles from Sydney, and the bank soon collapsed. Two official investigations by Australia uncovered its financing of major drug dealers and the laundering of their profits, while collecting an impressive list of “ex”–CIA officers.