Traffic stop reveals nearly $800,000 in laundered cash

Published on Monday, 17 June 2013 16:53 - Written by BY KENNETH DEAN kdean@tylerpaper.com

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A 68-year-old Florida man remained behind bars Monday on money laundering charges following a traffic stop in which more than $700,000 was found in the vehicle he was driving. 

Department of Public Safety Trooper Jean Dark said Glenn Richards was arrested following the traffic stop on Interstate 20 in Smith County last week.

Trooper Dark said the trooper was traveling I-20 when he noticed the Lincoln Navigator commit a traffic violation and initiated a traffic stop.

“During the stop, due to his training, the trooper picked up on several indicators of criminal activity and asked the driver for consent to search the vehicle,” she said.

Trooper Dark said during the search, the trooper, who is also a canine handler, walked his canine partner around the car, and the dog gave indications of a positive response on the vehicle.

Once troopers began looking at the vehicle, they found multiple compartments where individually wrapped cellophane packages of currency were hidden. Dark said the total amount of cash was $795,506.

Trooper Dark said the man was traveling from Florida to California but did not give additional information to which part of California the man was headed. 

Richards remained jailed Monday afternoon on a $250,000 bond. The money and vehicle have been seized by officials.