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The Underworld Podcast

The Cartel World's Donnie Brasco w/ Ian Frisch

The Underworld Podcast

The Underworld Podcast

True Crime, Documentary, Society & Culture, History

4.6871 Ratings

🗓️ 21 October 2025

⏱️ 75 minutes

🧾️ Download transcript

Summary

Starting at the tail end of the wild cowboy days of 1980's Miami, undercover FBI agent Martin Suarez didn’t just infiltrate a cartel...he nearly rose to the top. As a smuggler, he helped move a billion dollars worth of product while rising through the ranks of the Medellin cartel before moving into the secretive world of elite money launderers for cocaine kingpins. For years, he lived a double life inside the most dangerous syndicates, surviving hits, betrayals, and near-death missions. And he did it all longer than any agent ever had before...or since. He's the narco world's Donnie Brasco. Journalist Ian Frisch, who co-wrote Suarez's story with him in the newly released Inside the Cartel, joins us for this episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

August 1994, San Juan Puerto Rico, 8 a.m. in the morning. Martin Suarez has had a busy half a decade.

0:09.1

After six years in the drug game, operating at the highest echelons in the U.S., he's made the kind of

0:14.9

enemies that could cause someone to grow paranoid, always looking over their shoulder. You know,

0:23.3

the big players, Colombian cartels,

0:30.1

Caribbean narco traffickers, and top-level Monday launders with brutal enforcers ready to do their bidding.

0:36.9

He got his start in the late 80s in Miami, and he's helped them move a billion dollars worth of drugs as a smuggler.

0:38.0

We are talking the tail end of the Wild West days, Griselda, the Cowboys, Los Mucachos,

0:44.7

speedboats and nightclubs and Ferraris, planes dropping hundreds of kilos in the ocean.

0:50.4

Suarez was damn good, too, putting in the work for the boys in Medellin, at one point even

0:55.8

bringing in a massive $500 million load.

0:59.9

Let's just say he's a guy who knows how to get things done.

1:04.2

Soon enough though, he burns out on smuggling, burns out on Miami, and moves with his

1:08.4

family to Puerto Rico, where he grew up. He also moves

1:11.9

into money laundering after getting tutored by a real slick operator who knows how to work the system,

1:18.2

cashier's checks, putting it through legitimate businesses, import, export, everything above board.

1:24.5

They call it the black market peso exchange. And through it, Suarez helps a top-level

1:30.1

narco everyone calls the snail, clean tens of millions of dollars, bouncing around the Caribbean,

1:36.4

meeting with bankers and business leaders. The thing is, though, he does it all as an undercover

1:42.8

agent for the FBI. In fact, he's the first

1:46.6

undercover agent to ever infiltrate the drug world like this, the Donnie Brasco of the Colombian

1:52.6

cartels. No one had even attempted it before. No one in the FBI or the DEA had any real

1:59.1

grasp of the inner workings of the cartels or how things

...

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