Jump to ratings and reviews
Rate this book

Chasing the Squirrel: The Pursuit of Notorious Drug Smuggler Wally Thrasher

Rate this book
CHASING THE SQUIRREL is the true story of notorious drug smuggler Wally Thrasher, whose investigation led to the biggest drug bust in Mid-Atlantic United States history in 1986.Nicknamed, “The Squirrel” for his elusivenes, Thrasher was a daredevil pilot who made millions flying marijuana and cocaine from South America into the US in the 70s and 80s. With his beautiful Portuguese-born wife, Olga, he lived in a mountain estate near Virginia’s New River Valley. He owned oceanfront homes and yachts in Florida, spent weekends in the Caribbean and laundered money in Las Vegas, where he partied with Frank Sinatra’s entourage.The Feds were hot on his tail in 1984 when word came that he had died in a plane crash in Belize, his body burnt to ashes. But investigators soon learned the crash was staged and the death certificate fake. Meanwhile, Olga became a federal informant assisting the DEA in an audacious undercover sting to infiltrate the highest levels of his smuggling ring. Thirteen international traffickers were indicted, including Bolivian drug lord Roberto Suarez-Gomez, known as the world’s “King of Cocaine.”But Wally Thrasher was never caught. Authorities believe he has spent the past four decades living in some faraway tropical land. He was recently profiled on “America’s Most Wanted” as US Marshals chased leads around the globe in his pursuit.

354 pages, Kindle Edition

Published May 27, 2020

176 people are currently reading
224 people want to read

About the author

Ron Peterson

8 books2 followers

Ratings & Reviews

What do you think?
Rate this book

Friends & Following

Create a free account to discover what your friends think of this book!

Community Reviews

5 stars
335 (48%)
4 stars
239 (34%)
3 stars
95 (13%)
2 stars
17 (2%)
1 star
1 (<1%)
Displaying 1 - 30 of 43 reviews
Profile Image for Peter Corrigan.
792 reviews18 followers
October 4, 2025
I was a bit surprised by this one as it exceeded my expectations. 'Chasing the Squirrel' is a pretty fascinating look into the life of a drug smuggler named Wally (aka The Squirrel) Thrasher back when it seemed a bit more 'romantic' with mostly pot and then cocaine the primary products. I say romantic but all these criminal activities and networks laid the groundwork for the mass death of the opioid-fentanyl wave that broke across this country in the past 20 years.

A real hook for me and I see some other reviewers, was the setting in Southwest Virginia, not exactly a location for true-crime stories! But no place is immune to the scourge of drugs as the opioid-fentanyl disaster again demonstrated all across Appalachia. Most of the action in this book occurred in the late 70s to mid-80s, in many places I have either lived in or at least been to--Pulaski, Claytor Lake, NRV Airport, Wytheville, Fancy Gap, Blacksburg, Roanoke, Tanglewood Mall, Bath County (Ingalls Field) and other nearby locations. I lived nowhere near here in those days and would never have imagined 'ending up' here. Still it was sort of fun to hear about known places, despite the less than propitious reasons.

The writing is pretty much no-frills narrative but it mostly holds your attention as the convoluted story of Wally (and later his wife Olga) moves back and forth between Virginia, Florida, Mexico, Colombia, Belize and Bolivia among other places. Overall, I'd give it 3.5 stars overall, 3 for the writing, 4 for the story but will round up for the home field bonus.
2 reviews
Read
January 7, 2021
I live in Pulaski, VA and know both of the gentlemen who they talked to about Thrasher. Seldom do we have that kind of “celebrity” around here but I think Mr. Peterson did the tale of Mr. Thrasher very well. After watching Narcos and other drug running shows you see how dangerous it must have been to go around asking questions and /or looking for information. Mr. Peterson puts you in cockpit of some of the most dangerous sky roads there have ever been. Read it all in 3 days, couldn’t put it down for long.
2 reviews
July 19, 2024
Ron Peterson, Jr. does it again with this wonderful tale of a big-time drug smuggler out of the backwoods of Southwest Virginia. Following the charismatic Wally Thrasher ("Squirrel"), Peterson takes the reader through the inner workings of the drug trade from drug deals to busts by law enforcement. One thing I truly enjoyed about this book was how charismatic the main characters were. Reading it was a breeze with how well portrayed they were & I often found myself rooting for the infamous drug smuggler as well as the dedicated members of law enforcement on the opposing side.
3 reviews
February 10, 2022
The first half is awesome then the 3rd quarter seems a bit big time name dropping and cool stories that are vaguely simular or related. Wrapped up nicely. Would prob give it 4 stars but hoping 5 will give it the reboot it deserves into a podcast like s town or seriel or even one of those Netflix docuseries you binge then choose your own ending.
Profile Image for Amanda Sava.
66 reviews3 followers
October 19, 2025
A decade long drug smuggling operation, flying marijuana into sleepy rural southwest Virginia by a charismatic, good natured guy, that "allegedly" dies in a fiery plane crash with no remains to be found, whose wife's eventual testimony leads to one of the biggest drug busts in the state. Sounds like a movie or fake, but nope, this is non-fiction. One of the biggest appeals of this story to me was how close to home it takes place, so many familiar locations, many of which I have been to (Tanglewood Mall in Roanoke, no way) or travelled through. And actually, my parents were attending Radford University at the height of Wally Thrasher's drug smuggling. As I have said before, I definitely have an affinity for local stories. I hope this is made into a movie, because it would be a good one.
Profile Image for Kristi Martin.
85 reviews3 followers
August 25, 2025
Fast-paced true story of the drug runner Wally Thrasher. I especially enjoyed the story because I live in SW VA and recognized a lot of places in the book. Peterson paints vivid pictures of his characters! He definitely likes to use similes and metaphors to get his points across.
13 reviews
March 28, 2022
This Book is Exceptional

I read this in one sitting - the first book I couldn’t put down. A great true crime story that is very well told (I often find non-fiction can read like a textbook). Peterson brilliantly tells you enough about the characters to know and be interested in them, without losing track of who the players are. Again, great book - well done!
Profile Image for Randy.
120 reviews
April 16, 2024
Without hesitation, this is one of the top 3 non-fiction books I've ever read. I knew nothing of this story beforehand. I don't know if that added to my amazement of this story or not, but the more I read, the .ore impossible it became to put it down. I will recommend this to many people as soon as I get the chance.
Profile Image for Susan.
25 reviews1 follower
September 3, 2020
Being from the area where a lot of this book takes place, it was extremely interesting. I wasn't living here then, so I missed the news about what transpired during that time period. It was very entertaining reading!
36 reviews
November 10, 2020
A must read

After reading Under the Trestle I wanted to see what else the author had written and was not disappointed. This story grabbed my attention and kept me coming back for more.
Profile Image for Cat Leonard.
167 reviews10 followers
March 21, 2021
Under the Trestle was great. Chasing the Squirrel is even greater. Ron Peterson is such a gifted storyteller and his research is over the top. I hope he investigates more unsolved crimes and writes more books.
Profile Image for Jason.
350 reviews3 followers
October 11, 2021
Loved this book about Wally Thrasher. He was a true legend. Crazy stories about how he went about doing his drug smuggling and often times I would find myself rooting for his good fortune. Even when he died, I still sat there hoping that he would come back to his family. Who knows!
This entire review has been hidden because of spoilers.
Profile Image for Deborah Necessary.
363 reviews4 followers
February 25, 2022
I really enjoyed this book since a lot of the action takes place in Southwest Virginia, where I live. Wally Thrasher was very charming, handsome and charismatic. He was an ace pilot and made millions smuggling drugs into Southwest Virginia. Was he really killed in Belize? Who knows?
Profile Image for Taylor Ewing.
47 reviews1 follower
October 15, 2022
Was gifted the book by Wallace’s son, Montana. Montana had shared the story and many things about his dad. This was so cool to hear more in depth things about a friend’s dad! I stick by my belief Wally didn’t die in a crash!
1 review
December 8, 2023
Great

I grew up in Ft. Pierce, FL in the 80’s, worked at the airport fueling airplanes! The people and places were familiar. I also vacation in that area of VA so I couldn’t put this down! Well done Ron!
71 reviews1 follower
October 15, 2021
Once again a unique true story from Ron Peterson Jnr, told in his mind-gripping, sleep-depriving way! Hurry up, Ron, with your next one!
13 reviews1 follower
April 2, 2022
Wow, couldn’t put it down. A pager turner from cover to cover!
6 reviews
May 20, 2022
squirrel sightings

This is an Excellent book written with lots of local history and information. Anxiously awaiting the author’s next book to read.
Profile Image for Guy Joshua.
12 reviews
July 14, 2022
Throughly enjoyed reading this book. Hopefully The Trestle is just as good.
Profile Image for Abbey.
224 reviews1 follower
July 25, 2022
So cool to learn new local history
3 reviews
July 5, 2023
Great story

Such a great book. I hesitated for a long time before finally buying and reading this book. Glad I did. I couldn't put it down. Highly recommend.
9 reviews2 followers
December 29, 2023
Great read

Interesting look into a very different era. Not sure what happened to Wally but Ron provides many theories. Very well written
Profile Image for Chris Karnei.
63 reviews
May 24, 2025
I don't read true crime. Ever. But we sponsored an event with Ron Peterson, a bunch of the police and DEA agents involved in the case, and Wally's son, Montana, so I had to read it.

Surprise, Surprise! It was really interesting and well done. The folks producing the documentary based on the book also did a really good job (though we only got to see episode one). The book has a lot more information on how Wally Thrasher, Pulaski County football star became Wally Thrasher, one of the best and probably most likable treetop fliers of the 70's and 80's then the show, so if, once the show comes out, you are curious about Wally's life, pick up the book.
56 reviews
September 11, 2025
Fascinating story, mostly because it took place several decades ago in my adopted neck of the woods (southwest Virginia). Several characters were known to me, including a couple of defense attorneys, one of whom ended up being my trial advocacy professor in law school, and another who was a colleague of mine the last couple of years. Wild story. Who knew all the intrigue going on in this area prior to my moving here?
585 reviews1 follower
July 15, 2021
The big question is whether Wally Thrasher lived after his plane crashed in Belize. He was a hotshot drug smuggler who was very careful. He was nicknamed Squirrel for his elusiveness. He and his wife lives in Bland County, VA, and a lot of these places are near where I live. That made me even more interested in his story. Wally Thrasher was never caught. So, did he die or not?
Profile Image for Molly Cox.
94 reviews3 followers
September 4, 2024
It was good because parts took place local to my area and I know some of the people mentioned. My biggest issue with the book is I thought the author tried to make Wally Thrasher out to be a hero instead of what he was- a drug runner and a criminal. That isn't surprising since he got a lot of information from Wally Thrasher's wife, Olga and his son, Montana.
Profile Image for sarah.
9 reviews
June 9, 2025
Much like Under the Trestle, I was hooked from the begging. Mr Peterson writes in a way that makes you feel like you're hearing stories at the bar with your friends, but with the facts to back them up. Knowing the area and some of the names always makes things more intriguing. Mr Thrasher's life is so intriguing it's hard to imagine its real, and in our own backyard
Profile Image for Alicia.
522 reviews
July 14, 2020
I always enjoy reading about someone local. I remember the news surrounding Thrasher's plane crash, but didn't pay much attention to it at the time because I was a teenager. It was an interesting read.
Profile Image for Sloane Mayberry.
571 reviews5 followers
October 22, 2021
Great book for anyone interested in true crime and/or airplanes and/or the drug trade and/or southwestern Virginia. Non fiction and easy reading (listening).

I would read anything this author writes.
Displaying 1 - 30 of 43 reviews

Can't find what you're looking for?

Get help and learn more about the design.