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Authorities Release Photo Of Laundering Scheme's Hidden Millions, You Won't Believe Where It Was

The U.S. Attorney's Office in Massachusetts isn’t known for the viral content they post. One photo they shared recently spread like wildfire. The picture in question shows approximately $20 million hidden inside a box spring by a Brazilian national who was allegedly running a very successful pyramid scheme.

In a modest apartment in Westborough, Mass., police found the cash stuffed inside the box springs of a mattress. According to the Department of Justice, the man arrested in connection is a 28-year-old Brazilian entrepreneur Cleber Rene Rizerio Rocha. Rocha was charged with one count of conspiring to commit money laundering.

The money the authorities found is small changed compared to the heist in question. The larger picture the authorities are looking at is believed to be a staggering $1 billion pyramid scheme involving TelexFree. TelexFree is an internet phone service company based in Massachusetts.

"TelexFree purported to aggressively market its VOIP service by recruiting thousands of 'promoters' to post ads for the product on the Internet," the Department Of Justice said in an online statement.

The criminal complaint states that the company ripped off about half its participants. That’s about one million people worldwide. The money found is only a fraction of the cash authorities were looking for after being tipped off that millions of dollars were expected to be laundered out of Boston.

Rocha was acting as a courier. Just days before being arrested, he had flown in to New York from Brazil, of where he is a citizen. He then met with a witness who was cooperating with the authorities on the case. Rocha then handed the witness a briefcase filled with over two million dollars at a restaurant. Police followed him to his apartment and arrested him. In the process, they found the money in the bed.

Rocha is now facing a sentence of no greater than 20 years in prison, three years of supervised release and a fine of $250,000 or twice the gross gain or loss, whichever is greater.

Source: Fox News Insider
Photo: Twitter

That's a lot of cash!

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