QUEENS, NY MAN CHARGED WITH MONEY LAUNDERING
For Immediate Release:
September 26, 2022
Bergen County Prosecutor Mark Musella announced the arrest of PENG CHENG (DOB: 4/30/1989; married; unemployed) of 2425 Ericsson Street, Queens, NY on a charge of money laundering. The arrest is the result of an investigation by the Bergen County Prosecutor’s Office under the direction of Chief Jason Love.
On September 22, 2022, an investigation by the Bergen County Prosecutor’s Office Narcotic Task Force revealed that PENG CHENG was transporting bulk U.S. currency while traveling through Bergen County. During this investigation, a search of a vehicle in Ridgefield, NJ. yielded $51,154.00 in U.S. currency. The driver, PENG CHENG, was placed under arrest without incident and transported to the Bergen County Prosecutor’s Office in Paramus, NJ for processing.
PENG CHENG was charged with third-degree money laundering, N.J.S.A. 2C:21-25a, and was released on his own recognizance pending his first appearance in Central Judicial Processing Court in Hackensack, NJ.
Prosecutor Musella states that the charge is merely an accusation and that the defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt, and he would like to thank the Bergen County Sheriff’s Office for their assistance in this investigation.