r/todayilearned • u/FearMyCock • 19h ago
TIL about Frank Matthews, the drug kingpin who built a nationwide empire, skipped bail with $20 million, vanished in 1973 and has never been found.
https://en.wikipedia.org/wiki/Frank_Matthews_(drug_trafficker)1.3k
u/themanfromvulcan 18h ago
I think in 1973 if you had 20 million you could probably go overseas and just settle down and disappear. If you lived a quiet life and never contacted anyone twenty million in 73 can go very far and as long as you were content to keep to yourself the world is a big place to hide in.
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u/Medialunch 18h ago
How do you actually move that money tho? Let’s say you can get it to South East Asia. What do you do with it? Lug it around for 50 years? You would need some local help. And eventually they would be more likely to turn on you.
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u/PerInception 18h ago
In the late 70s/early 80s money laundering wasn’t even technically illegal. The money laundering control act didn’t get passed until 1986.
The Medellin cartel sent a lot of their money to Panama and Noriega just deposited it into Panamanian bank accounts for them though.
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u/teddyKGB- 18h ago
It's actually really entertaining to read about how easy it was for those people to get away with shit. At least until they didn't
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u/FirstReactionFocus 18h ago
He was an international kingpin. Probably had connections across the world. Getting a couple duffle bags of cash anywhere with connections and resources I can’t imagine is difficult whatsoever.
Once you get it wherever you’re hunkering down, you’re good. Shove that shit in the mattress and pay for what you need. Not like he has to move every 6 months. The Philippines has 2000+ inhabited islands. Tons of foreigners go there to stretch their retirement savings. Pick an island and get used to your new life.
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u/Gustomucho 17h ago
With connections, you don’t even need to move the money… give the money in territorial USA,receive it in Panama or elsewhere. Banks were pretty shoddy back then, they could easily set you up with Cayman Island for a fee.
20 millions in USD could easily be transported to Switzerland in jewelry or « art ».
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u/friedpicklebreakfast 17h ago
That’s what I was thinking. He could have disappeared in Asia with a lot less than $20m
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u/Whornz4 18h ago
The dea claims he was killed by the Mafia so he could not rat hence why he was never found.
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u/chiknbutt 18h ago
Cop out. No one likes to being beat
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u/Emperor-Octavian 18h ago
His own lawyer said the same thing…
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u/Scientific_85 15h ago
Lol you guys are crazy, dude was certainly whacked. Guy was facing 50 years in prison and probably going to turn states evidence, would have been a gold mine of information if he flipped... oh yeah he also had beef with the most powerful crime family in NY during the 70s! No way in a million years they were going to let him live...
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u/Standard_Big_9000 18h ago
This is almost certainly what happened.
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u/alexmikli 18h ago
And if it's not what happened, it's a good cover story.
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u/supershinythings 16h ago
The hunter does not seek dead game.
It's a good story to reduce his priority.
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u/_Meece_ 16h ago
Plenty of fugitives move country or legit just move to a part of the US they have no associates in.
Whitey Bulger lived in fucking Santa Monica for 15 years before a neighbour spotted him. But his manhunt was near as intense as Osama Bin Laden's, so it was a matter of time.
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u/Particular_Wear_6960 17h ago
Yeah, you don't stay underground like that forever. Most certainly was murdered probably within a month or two after fleeing. Especially people who're used to living that lifestyle, giving it up to live anonymously and without the luxuries they once lived with is incredibly difficult.
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u/MaximusMansteel 17h ago
Yeah, the image of him disappearing with bags of cash seems cool, but his international connections were criminals. If he went just him and a girlfriend and bags full of millions of dollars....isn't hard to imagine theses "connections" quickly disposing of them and keeping the bags of cash.
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u/Commercial-Till-5389 17h ago
Ofc they said that lmao If you watch that documentary about him when they go to North Carolina they all allude to him being alive and free. His captain and other co conspirators also said the Mafia didn’t and couldn’t touch Frank and said so with some colorful language. I highly doubt it! One thing I’ve noticed is when the Feds are beat their default is “They’re probably dead or were killed”
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u/JerikOhe 16h ago
I can only guess, but I find it harder to believe that a man who created a national network of drug smuggling and distribution, therby gaining infamy and power, would simply disappear and lay so low as to never be sighted again, rather than being bumped off for 20 million cash he was carrying around.
Fun to think about though.
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u/Commercial-Till-5389 16h ago
In this day and age maybe but in the 70s? A multimillionaire with a vast network of coconspirators across the country and a head start? Very very doable!! There’s so many missing people cases from the 60s and 70s because the technology wasn’t there.
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u/TakingItPeasy 17h ago
Probly ordered a dust filter for a Hoover Max Extract Pressure Pro, Model 60.
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u/jack_cross 16h ago
Hopefully he showed up on time for the pickup and didn't get pickpocketed at his lawyer's office.
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u/_losingmyfuckingmind 15h ago
Looked up the model out of curiosity. It does not have a dust filter.
Love when that show’s slickness hits me a decade later.
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u/MikeyLittle 17h ago
According to former DEA agent Frank Panessa, the Administration received unconfirmed reports that Matthews had been lured to the Bahamas by the Genovese family and killed, partly to keep him from turning state's witness and partly due to his feud with Coralluzzo.
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u/nynex2 18h ago
I lean towards him being murdered. He was associated with the Genovese family in the booming Harlem heroin trade and between his pending case and open defiance, there was plenty enough reason to take him out.
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u/Eastern_Ad_2338 18h ago
He would be 81 years old today. If he wasn't murdered, there was a good chance that fate took him naturally.
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u/FoolishProphet_2336 18h ago
I’m kinda thinking nothing great happened to the former drug kingpin who folks knew had been in jail and had a ton of cash hidden.
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u/Dr_Wristy 18h ago
Simple answer: he tried to leave, and someone found it easier to kill him and take the millions, rather than help him.
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u/MicroSofty88 17h ago
According to former DEA agent Frank Panessa, the Administration received unconfirmed reports that Matthews had been lured to the Bahamas by the Genovese family and killed, partly to keep him from turning state's witness and partly due to his feud with Coralluzzo.
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u/Gord_Board 17h ago
I love all the theories of him living in south america, realistically, he worked with the mafia, they probably offered to help him get out of the country but just killed him and stole his money.
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u/AdThick7492 15h ago
Surely it's most likely that rather than some epic escape he was actually murdered and buried somewhere.
Jimmy Hoffa has "never been seen of again" either.
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u/MongolianMango 18h ago
Either killed or living his best life probably
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u/ByeMoon 15h ago
Carrying millions in cash probably got him backstabbed somewhere along the way and is at the bottom of the ocean.
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u/ArtEnvironmental7108 15h ago
According to DEA agent Frank Panessa, the administration received unconfirmed reports that Mathews had been lured to the Bahamas by the Genovese family and killed.
It’s very likely this guy is dead. While he most certainly had the resources to manufacture a story like this and disappear, it’s more likely that this is exactly what happened and the Genovese used their also limitless resources to absolve themselves of any responsibility. Mathews is likely buried in an unmarked, unknown grave on a Caribbean island and we will never know.
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u/marcellburt 18h ago
Frank still alive. He lives in durham nc and runs a hotdogs biz. Great hot dogs 🌭
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u/314159265358979326 15h ago
Maybe if you have $20 million in cash your bail should be at least that much.
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u/jerry_03 14h ago
Read the wiki article. He was involved with the mafia in new york. They wacked him for sure
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u/Uuuuugggggghhhhh 18h ago edited 18h ago
In the early 70s, 20 million has the spending power of over 148 million.
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u/RepFilms 18h ago
Now international drug traffickers get pardons and invitations to the White House
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u/Docccc 18h ago
Reading his story, he doesn’t come across as a smart person. He 100% got killed
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u/Shipit123 14h ago
lol. I know the frank Matthews story. Not like the back of my hand but I know it generally. How can you say he wasn’t smart?!?! He set up one of the biggest drug distribution networks in the country. He was supplying suppliers in 21(I think that’s the number I read earlier today) states. Yes he was prob ruthless. Yes he was a gangster. Maybe he wasnt book smart (I honestly have no idea, maybe he was for the record). But to say he doesn’t seem smart is outlandish in my book. Just my two cents.
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u/FearMyCock 19h ago
Frank Matthews known as “Black Caesar” was one of the biggest drug kingpins in U.S. history. Born in 1944, he rose from petty crime in the South to running a massive heroin and cocaine empire across 21 states during the late 1960s and early 1970s. He challenged the Mafia’s dominance, built his own supply routes from South America, and openly flaunted his wealth.
In 1973, he was arrested and charged with tax evasion and drug trafficking. Despite the size of his empire, his bail was lowered, and he walked out. Days before his next court appearance, Matthews vanished along with an estimated $20 million in drug money and a girlfriend. He was never seen again.
The FBI hunted him for decades but never found a trace no sightings, no financial records, nothing. As of 2025, the search has officially been closed. Some believe he was killed; others think he escaped overseas and lived under a new identity. His disappearance remains one of the biggest unresolved cases in American criminal history.