The suspect is a 50-year-old man from New York City. According to authorities, the suspect was the subject of an illegal drug distribution investigation launched by Bergen County Prosecutor’s Office detectives.
Detectives reportedly stopped the suspect’s vehicle, a 2006 Honda Pilot, on a Fort Lee road and then searched the vehicle. During the search, police reportedly came across $49,700 in money that had been placed into a secret compartment.
Authorities arrested the suspect and charged him with money laundering. The suspect has not yet been charged with any drug crimes because police officers did not find drugs inside his car.
If the suspect is convicted on the money laundering charges, he could potentially be sentenced to time in NJ State Prison.
After being placed under arrest and charged, the suspect was released from police custody. He will need to make an appearance in Bergen County Superior Court in Hackensack to answer the criminal charges.
For more information about this case, read the Fort Lee Patch article, “Man with $49K in Car Charged with Money Laundering.”