$20 million in cash hidden in box spring in connection with pyramid scheme

The Boston Herald reports that Rocha’s lawyer argued that his client had no criminal record and should be granted bail with GPS monitoring. BOSTON — A Brazilian man arrested in connection with the discovery of about $20 million in cash hidden inside a box spring in a Massachusetts apartment has been held without bail.A judge on Monday ruled that 28-year-old Cleber Rene Rizerio Rocha is a flight risk and held him on a charge of conspiring to commit money laundering. Photo of $20M seized in box spring following arrest of Brazilian national in scheme to launder proceeds of TelexFree https://t.co/ulmFXtI9mr pic.twitter.com/0MTHxjaVZL— U.S. Rocha was arrested this month when the money was discovered in a Westborough apartment. Attorney MA (@DMAnews1) January 23, 2017 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.