The public officials charged the undercover cops $80,000 in money laundering fees and allegedly paid off Biederman to prepare packets of fake documents to make the money laundering transactions look legitimate.

What's more, federal prosecutors allege Biederman solicited and accepted a bribe of $1,600 to influence PFCU approval for a loan. However, court documents do not reveal any details about the type of the loan, its amount or for whom.

The public officials named in the indictment are John I. Waltman, 59, of Trevose, who was elected as a magisterial district judge in Bucks County in 2011, Robert P. Hoopes, 70, of Doylestown who had been director of public safety in Lower Southhampton Township since February 2016 and previously operated a legal practice in Doylestown, and Bernard T. Rafferty, 62, of Langhorne, who had been a Pennsylvania deputy constable since 1998 and the owner of Raff's Consulting LLC.

According to a local media report, Waltman and Rafferty were suspended from their positions in December 2016, and Hoopes was fired.

In carrying out the money laundering transaction scheme, federal prosecutors said Hoopes withdrew funds from his Customers Bank account and deposited the funds into Raff's Consulting account at PFCU. Rafferty then obtained a check drawn on Raff's Consulting account at PFCU in an amount equal to 80% of the total amount of cash to be laundered for the undercover cops.

At the direction of Waltman, Hoopes and Rafferty, Biederman prepared bogus documents including Raff's Consulting invoices, non-disclosure agreements, consulting contracts, zoning applications, land surveys and other fake documents,  which provided a pretext for the money laundering transactions, federal prosecutors allege.

In an unmarked police cruiser, Hoopes drove to an office building to meet the undercover cops in June 2016. After they arrived with a duffel bag stuffed with $100,000 in cash, Hoopes gave the undercover agents the Raff's Consulting check for $80,000 and the packet of bogus documents. Taking the duffel bag, Hoopes walked to the parking lot where Waltman and Rafferty were waiting in another car.

After the public officials split the $20,000 money laundering fee, Rafferty deposited $80,000 in cash in his consulting firm's account at PFCU, according to court documents.

This money exchange to launder the cash occurred two more times in July and August, federal prosecutors allege.

"Philadelphia Federal Credit Union has been made aware of the investigation involving our former employee and will continue to cooperate with authorities," Karen Eavis, a PFCU communication specialist, said Wednesday.

The Bucks County officials are also facing wire fraud, mail fraud and extortion charges for accepting a $1,000 bribe and the promise of future money laundering fees and broker fees to use their positions as public officials to fix a traffic case for an associate of the undercover cops.

Biederman and the public officials have not yet entered a plea, according to federal documents.