Prosecutor Says Money-Laundering Ring Busted

A nine-month investigation into an alleged money-laundering operation has netted three arrests, and the seizure of an estimated $450,000 in cash and deposited funds, Burlington County Prosecutor Scott Coffina said. Investigators said MAIA Consulting in Cinnaminson was used by multiple construction firms along the East Coast to conceal payments to undocumented workers. “A review of records of multiple bank accounts and financial transactions occurring since early 2015 revealed that several individuals using 803 South Route 130 as an operations base have laundered up to $100 million thro...