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A new photo released by the U.S. Attorney’s Office shows the $20 million that authorities found hidden in a mattress in a Westborough apartment. .
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The cash was inside a box spring and police say it is connected to a pyramid scheme involving TelexFree, a Marlborough-based company that purportedly sold VOIP telephone service. .
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It was found earlier this month by investigators who had tailed a Brazilian man from New York. That man, Cleber Rene Rizerio Rocha, 28, was charged with conspiring to commit money laundering. .
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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, prosecutors have said. .
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They were paid with money from new recruits, often friends and family of earlier investors. Almost 1 million people worldwide were swindled out of nearly $1.8 billion.