Latest News
Headlines

Agents Seize $20 Million in Cash Stashed Inside Mattress: Federal Authorities

$20 million in cash was found by authorities stuffed in a Massachusetts mattress. (U.S. Attorney's Office) $20 million in cash was found by authorities stuffed in a Massachusetts mattress. (U.S. Attorney's Office)

If you’ve ever wondered what $20 million in cash looks like, the U.S. Attorney’s office has a photograph for you.

Federal authorities released an image this week of the staggering stash of currency stuffed in a mattress in Massachusetts.

Read: Cash Cab: Honest Boston Taxi Driver Finds Bag Stuffed with Cash, Takes it to Cops

Agents raided the Westborough apartment earlier this month in connection to a federal probe of an international pyramid scheme that has bilked nearly 1 million people, according to federal prosecutors.

Authorities say TelexFree Inc., an internet telecommunications firm, defrauded investors by using their money to repay previous backers. Co-founder Carlos Wanzeler has been a fugitive in his home country of Brazil for the past three years, prosecutors said.

Read: Cops Pull Over Unsuspecting Drivers and Give Them $100 in Holiday Cash

Aided by a cooperating witness, agents followed courier Cleber Rene Rizerlo Rocha after he arrived in the U.S. from Brazil, authorities said. Rocha was a runner for the Wanzeler family, prosecutors said.

Agents tailed him to the Massachusetts home, where the stockpile of cash was found hidden in a box spring, authorities said. Rocha was arrested for conspiring to launder money and faces up to 20 years in prison if convicted. 

Watch: Drunk Customer Leaves $1,000 Cash Tip Then Asks for It Back

Share Share on Facebook Tweet Share on Twitter
Receive Breaking News

By signing up, you agree to our Terms of Use and Privacy Policy

Your e-mail was submitted successfully.
Sorry, your email address was not processed. Please try again.
Around the Web