- Associated Press - Thursday, October 19, 2017

BOSTON (AP) - A Brazilian man whose arrest resulted in the discovery of $20 million in cash hidden inside a box spring in Massachusetts has pleaded guilty to money laundering charges.

The U.S. attorney’s office for Massachusetts says Cleber Rene Rizerio Rocha pleaded guilty in Boston’s federal courthouse Thursday. Rocha is set to be sentenced in December.

Prosecutors say Rocha was part of a scheme to transfer millions of dollars to Brazil by laundering the cash through Hong Kong. The money was from TelexFree, a defunct internet phone company authorities say was a massive pyramid scheme.

Rocha was arrested in January after agents followed him to an apartment in Westborough. Authorities searched the apartment and seized about $20 million in cash hidden in a box spring.

Rocha’s attorney has declined to comment.

Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide