$20M Found in Unlikely Place During Pyramid Scheme Investigation | NBC 5 Dallas-Fort Worth
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$20M Found in Unlikely Place During Pyramid Scheme Investigation

The cash was found in Westborough on Wednesday

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    Federal authorities say they have found about $20 million in cash hidden inside a box spring in a Massachusetts apartment as part of the investigation into an internet telecom company that prosecutors say was actually a massive pyramid scheme. (Published Friday, Jan. 6, 2017)

    Federal authorities say they have found about $20 million in cash hidden inside a box spring in a Massachusetts apartment as part of the investigation into an internet telecom company that prosecutors say was actually a massive pyramid scheme. 

    The cash was found in Westborough on Wednesday. Federal authorities charged 28-year-old Cleber Rene Rizerio Rocha with conspiring to commit money laundering in connection with the money. A lawyer for the Brazilian national could not be reached. 

    New Orleans to Remove Confederate-Era Monuments

    [NATL] New Orleans to Remove Confederate-Era Monuments

    The city of New Orleans will remove four statues of Confederate-era events and figures in an effort to divorce itself from symbols that some see as problematic. The first statue, the Liberty Place Monument, was taken down early Monday morning. 

    (Published Monday, April 24, 2017)

    The seizure was made in connection with an investigation into TelexFree. Prosecutors say TelexFree had few customers and made most of its revenue from people buying into the company with a promise of payouts for posting online ads for it. They were paid with money from new recruits. Authorities allege almost 1 million people worldwide were swindled out of nearly $1.8 billion.