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Two men arrested after traffic stop; one accused of money laundering

By ErinPradia
Feb. 3, 2012 at 4:02 p.m.
Updated Feb. 3, 2012 at 8:04 p.m.

A DPS  seized $106,420 after a traffic stop Friday morning.

Two men were arrested after state troopers discovered more than $100,000 in cash during a traffic stop on U.S. Highway 77 about a mile south of Coleto Creek on Friday.

About 11 a.m., Oscar Olido, 27, of Mission, was southbound in a white Chevrolet pickup when he was pulled over by a Department of Public Safety trooper on a suspected traffic violation, said Trooper Gerald Bryant.

Six bundles containing a total of $106,420 in cash were discovered in a false compartment, Bryant said. Olido was arrested and charged with felony money laundering.

His passenger, Moises Carrizales, 45, of Edinburg, was also arrested on outstanding warrants for theft.

Both men were in the Victoria County Jail on Friday.

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