Citigroup Exec Turns His NY Penthouse Into a Meth Lab [View All]

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The trailer-park drug known as "hillbilly crack" has been putting on the Ritz lately - as federal drug agents uncovered a crystal-meth lab inside the $6,000-a-month Manhattan penthouse of a bank executive, authorities said yesterday.

Michael Knibb, an information-technology vice president at Citigroup, ran the sophisticated drug operation from the living room of his luxury apartment overlooking the United Nations, said Drug Enforcement Administration officials.

The 37-year-old Knibb - who makes an estimated $250,000 a year - allegedly told authorities that he had decided to make his own methamphetamines because he could not find a reliable drug dealer after moving to New York from Seattle two years ago.

Knibb was one of 10 alleged do-it-yourself drug makers busted this week as part of a federal anti-meth sweep dubbed Operation Red Fusion.

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