Bungee Jumping In Mexico
Two Americans decide to open a bungee-jumping business in Mexico.

They set up on the square of a small village. Bob jumps, bounces at the end of the cord, and flies back up by the platform. Jeff isn't able to catch his friend, but he notices he has a few cuts and scratches.

Bob falls again, bounces, and comes back up. This time, he is bruised and bleeding. Again, Jeff misses him. The third time it happens, Bob comes back pretty messed up - he's got a couple of broken bones and is almost unconscious. Luckily, Jeff finally catches him and says, "Holy cow, what happened? Was the cord too long?"

Bob looks confused and says, "No, the cord was fine... but what the heck is a pinata?"

A staged wedding to bust dealers
As supposedly reported on CNN:

Undercover police, staging the wedding of "a drug kingpin's daughter", let it be known on the street that dealers were "invited" (i. e. Expected to attend).

The bride and groom were police, as was the band, bartender, and about half the guests. The band playing at the wedding was "S. P. O. C." (COPS, backwards), and the wedding went through the full ceremony, including the dancing afterward.

The long-sought dealers were arrested after the "band" took their break. The last song the band played before taking its break? "I Fought The Law, And The Law Won"