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Former Shark Tank contestant charged with being part of a cocaine ring

  • John DePaola was among nine defendants recently arrested in New Jersey and charged with a conspiracy to possess cocaine. The 53-year-old DePaola appeared on the ABC reality show pitching his idea for a paint brush cover.  The Ashbury Park Press reports: "Authorities charged John A. DePaola, 53, of Jackson with one count of conspiracy to possess cocaine, a third-degree crime, after executing five search warrants simultaneously on Dec. 14. An attorney for DePaola denied the allegations."

    TOPICS: ABC, Shark Tank, John DePaola, Crime