“Shark Tank” Contestant Busted in Cocaine Distribution Ring
A former contestant on "Shark Tank" just got arrested in connection to a New Jersey cocaine distribution ring. I guess the paint brush cover business wasn't bringing in enough cash.
53-year-old John DePaola and eight others were busted following a nine-month investigation called "Operation Snowball."
DePaola, whose paint brush cover company got a $200,000 deal on "Shark Tank," was helping move approximately two-thirds of a pound of coke a week.
Lori Greiner was the shark that bid $200,000 for the paint brush cover. DePaola's company surged from $35,000 in sales to $1.5 million following the "Shark Tank" appearance.
Here's his segment:
Read more at NJ.com