Ex-CIA official found with gold bars admits to sprawling scheme, agrees to forfeit $194 million
- On Tuesday, former CIA official David Rush pleaded guilty to wire fraud in Alexandria, Virginia, admitting he fabricated classified government programs to divert nearly $200 million in public funds.
- Prosecutors said Rush invented fake 'highly sensitive and classified government programs' to steer $145 million to a holding company, later using the funds to purchase gold bars and four Florida properties.
- As part of his plea agreement, Rush agreed to forfeit at least $194 million, including 298 gold bars and $2 million in cash found by FBI agents during a search of his home.
- Rush had been fired after falsifying his academic and military records. Investigators believe additional assets remain missing, with four people familiar with the case telling NBC News more could be hidden.
- The U.S. intelligence community inspector general continues investigating how the CIA missed Rush's alleged falsehoods on his application. Meanwhile, the FBI cleared Deputy Defense Secretary Steve Feinberg of wrongdoing despite his professional relationship with Rush.
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67 Articles
Former CIA official accused of stealing US$40M in gold bars pleads guilty
A former senior CIA official pleaded guilty on Tuesday in Virginia to a charge that he abused his position and government funds to enrich himself by acquiring Florida real estate and hundreds of gold bars worth tens of millions of dollars, according to court records.
Ex-CIA Officer Pleads Guilty to $194M Fraud; $40M in Gold Found
Internewscast Internewscast A former senior CIA official who allegedly diverted nearly $200 million from… This Post: Ex-CIA Officer Pleads Guilty to $194M Fraud; $40M in Gold Found first appeared on Internewscast
Ex-CIA officer found with over $40M in gold bars pleads guilty to $194M fraud - NEW YORK TIMES POST
NEWYou can now listen to Fox News articles! A former high-ranking CIA official who embezzled nearly $200 million from the federal government lied about his military background and education to climb the ranks at the spy agency, federal prosecutors revealed. David J. Rush pleaded guilty in Virginia federal court to one count of wire fraud. [...]
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