Prosecutors say Alex Price was working Oct. 11 when a US Airways flight arrived from Dallas carrying millions of dollars in the new $100 bill. The theft of $20,000 was reported after the shipment arrived at the Federal Reserve facility in East Rutherford, N.J.
An FBI agent alleges in court documents the 25-year-old Price said he was the only handler with direct access to the cash. The FBI says after a polygraph examination Tuesday he confessed and led authorities to the missing money hidden in his car.
FBI personnel conducted a search of the white Nissan Maxima and recovered a blue draw string bag containing two bundles of the missing US currency which consisted of the new type of uncirculated $100 bills.