Feds Finds $20 Million In Cash In Box Spring

Feds Finds $20 Million In Cash In Box Spring ( 4UMF NEWS ) Feds Finds $20 Million In Cash In Box Spring: That must have been one comfortable mattress. Authorities released a photo Monday of $20 million in cash hidden inside a box spring in a Massachusetts apartment. The discovery led to the arrest of a Brazilian man earlier this month in connection with a pyramid scheme involving the defunct internet phone company TelexFree. Cleber Rene Rizerio Rocha, 28, was ordered held without bail on Monday when a judge ruled that he is a flight risk. He is being held him on a charge of conspiring to commit money laundering. Rocha was part of a scheme to transfer millions of dollars to Brazil by laundering the cash through Hong Kong, according to prosecutors. The suspect, acting as a courier for a relative of one of the founders of TelexFree, flew from Brazil to JFK Airport a few days before he was arrested, according to the Department of Justice. On the day of his arrest, a "cooperating witness" gave Rocha $2.2 million in a suitcase during a meeting at a restaurant. Federal agents later searched his Westborough apartment and "seized a massive stockpile of cash" in the box spring. Rocha faces 20 years in prison. Source