Bergen County Prosecutor Gurbir S. Grewal announced the arrest of Mr. Francisco J. Lopez, 55, of New York.
This arrest was the result of an investigation conducted by members of the Bergen County Prosecutor's Office under the direction of Chief Robert Anzilotti.
During a narcotics investigation conducted by members of the Bergen County Prosecutor’s Office, officers conducted a motor vehicle stop in the area of Fort Lee, on a black 2006 Jeep Cherokee, occupied by Francisco J. Lopez.
A subsequent search revealed an aftermarket electronically operated hidden compartment containing $186,725.00 in suspiciously packaged U.S. currency.
Authorities charged Lopez with one count of transporting or possessing property known or which a reasonable person would believe to be derived from criminal activity, N.J.S.A. 2C:21-25(A), a crime of the second degree.
Police released Mr. Lopez on his own recognizance pending a Central Judicial Processing hearing.
Prosecutor Grewal states that these charges are merely accusations and that the defendant is presumed innocent until and unless proven guilty beyond a reasonable doubt.