20
million U.S dollars raw cash was found stuffed under a mattress in
Massachusetts during investigation into an internet telecom company
Police discovered approximately $20million in cash stashed in a mattress
During an investigation into an internet telecom company that was
actually a massive international pyramid scheme, about $20million in
cash was found hidden inside a box spring in a Massachusetts apartment.
According to Dailymail,
the cash was found on Wednesday last week inside a Westborough
apartment by investigators who had tailed a Brazilian man from New
York.
28-year-old Cleber Rene Rizerio Rocha, was charged with conspiring
to commit money laundering as he could spend up to 20 years in prison
and be fined twice the gross gain or loss.
The cash seizure was made in connection with an investigation into
TelexFree, a Marlborough, Massachusetts-based company that purportedly
sold VOIP telephone service.
TelexFree had few customers and made most of its revenue from
people buying into the company with a promise of payouts for posting
online ads for it. They were paid with money from new recruits, often
friends and family of earlier investors.
Although initially aimed at Brazilian immigrants to Massachusetts,
authorities allege almost one million people worldwide were swindled out
of nearly $1.8 billion.
Rocha was part of a scheme to transfer millions of dollars of
hidden TelexFree assets to Brazil by laundering the cash through Hong
Kong, prosecutors said.
According to court documents, Rocha, acting as a courier, flew from
Brazil to New York City a few days ago. Rocha then met with a
cooperating witness at a restaurant in Hudson, Massachusetts, and gave
him a suitcase containing $2.2million.
After the meeting, agents followed Rocha to the Westborough apartment and later arrested him.
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