Feds uncover $20M stashed in bed (VIDEO)
The Department of Justice Monday released a photo showing some $20 million in cash found hidden in a box spring inside a Massachusetts apartment.
Authorities believe the money is tied to a more than $1 billion pyramid scheme involving internet phone service that operated from January 2012 to March 2014.
TelexFree allegedly recruited “promoters” to post internet ads. The promoters, however, were required to make a purchase through the company, for which they were promised to later be compensated. The compensation never came, but the cash from the scheme stacked up.
Authorities discovered the massive stash earlier this month during a raid in Westborough in which Cleber Rene Rizerio Rocha, 28, was arrested and charged with conspiring to commit money laundering.
[ ABC News ]
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