A month later, IRS agents, acting on a tip, rushed to a bank in North Carolina. Some authorities believe he left with as much as $20 million in laundered cash. A friend reported that Matthews and Brown took a flight to Houston. He and his girlfriend Cheryl Denise Brown had vanished. Let out in April 1973 on a mere $325,000 bail after serving four months in jail in New York, the 29-year-old Matthews failed to show for a hearing in Brooklyn on a list of felony charges that July. Matthews’ life remains a mystery to this day.
On his way out of court, an IRS agent informed Matthews he owed back taxes on $100 million the drug dealer had earned in 1971 alone.īut that wasn’t quite the end of the story. A sympathetic federal magistrate in Las Vegas set bail for Matthews at $5 million, the highest bail amount at the time in U.S. They wanted him in jail until they could have him extradited back to Brooklyn. The feds believed Matthews had millions in currency stashed away in safety deposit boxes in Las Vegas. He was charged with trying to sell about 40 pounds of cocaine in Miami from April to September 1972, a small fraction of the drugs he’d pushed since 1968. prosecutors in Brooklyn, New York, had issued an arrest warrant for Matthews, the top black drug kingpin in America whose heroin and cocaine trafficking gang of mostly African-American dealers extended to 21 states on the Eastern Seaboard. This time, federal drug enforcement agents were waiting and placed him and the woman under arrest at McCarran International Airport. In the previous several years, Matthews had made many trips to Las Vegas, carrying suitcases full of cash to be secretly laundered at casinos for a fee of 15 to 18 percent. Frank Matthews and his young girlfriend had just spent the holidays in Las Vegas and were about to board a flight to Los Angeles.
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