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Gold Bars

All articles tagged with #gold bars

Ex-CIA Officer Pleads Guilty to $194M Fraud, Admits Leaking Secret Source
politics4 days ago

Ex-CIA Officer Pleads Guilty to $194M Fraud, Admits Leaking Secret Source

David Rush, a former senior CIA official, pleaded guilty to wire fraud on October 6, 2026, admitting to a scheme that defrauded the U.S. government of $194 million. He agreed to forfeit 298 gold bars, four Florida homes, and other luxury assets. Prosecutors revealed he fabricated classified programs to steal funds and leaked details of a secret intelligence source to a foreign official. Rush faces up to 20 years in prison, with sentencing scheduled for January 28, 2026.

Ex-CIA Officer Pleads Guilty to $195M Fraud and Leaking Classified Source
national-security4 days ago

Ex-CIA Officer Pleads Guilty to $195M Fraud and Leaking Classified Source

David Rush, a former senior CIA executive, pleaded guilty to wire fraud on October 6, 2026, admitting he stole $194 million and exposed a secret intelligence source to a foreign official. Rush, who was arrested in May 2026 with 298 gold bars, faces up to 20 years in prison at his January 28 sentencing. The plea reveals he fabricated classified programs to buy luxury real estate and gold, while falsifying his education and military service to gain clearance. The case has triggered internal CIA reviews and scrutiny of Deputy Defense Secretary Steve Feinberg, though Feinberg has not been charged.

Ex-CIA Official Admits to $195M Fraud and Leaking Classified Source Details
national-security4 days ago

Ex-CIA Official Admits to $195M Fraud and Leaking Classified Source Details

David Rush, a former senior CIA executive, pleaded guilty to wire fraud on October 7, 2026. He admitted to stealing over $195 million by fabricating a classified program and leaking the identity of a human source. Rush faces up to 20 years in prison. The plea reveals he purchased luxury real estate and gold bars using stolen funds, while also falsifying his education and military service to gain clearance.

Plea Hearing Set for Ex-CIA Officer in $40M Gold Bar Scandal
us-news5 days ago

Plea Hearing Set for Ex-CIA Officer in $40M Gold Bar Scandal

A federal court hearing is scheduled for Tuesday to finalize a plea agreement for David Rush, a former CIA officer arrested in May after 303 gold bars worth $40 million were found at his home. Rush faces one count of theft of public funds for falsifying pay records, though investigators believe he fabricated a false CIA program and may have stolen additional assets. The plea deal aims to avoid a public trial that could expose CIA operational errors, while Deputy Defense Secretary Steve Feinberg faces scrutiny over his professional relationship with Rush.

Ex-CIA Officer Advances Plea Deal in $40M Gold Cache Case
us-news29 days ago

Ex-CIA Officer Advances Plea Deal in $40M Gold Cache Case

A former CIA officer, David Rush, is moving toward a plea deal with federal prosecutors after investigators found 303 gold bars worth about $40 million at his home. He faces one count of theft of public funds for allegedly falsifying pay records, and the prosecutors have asked for a 21-day extension to Oct. 8 to finalize the agreement and an agreed statement of facts before any indictment is filed.

New York warns seniors about gold-bar scam that has swindled over $100 million
crime2 months ago

New York warns seniors about gold-bar scam that has swindled over $100 million

New York Attorney General Letitia James warned of a nationwide scam in which criminals use fake pop-ups and impersonate law enforcement to coerce older adults into withdrawing funds and delivering gold bars; victims are told to hand over cash and not discuss the breach. The scheme, which has led to losses of more than $100 million in New York over two years and has appeared in other states, relies on urgency and secrecy. The public is urged not to give remote access, not to call numbers from messages, to contact their banks, and to report suspicious activity to authorities.

CIA Officer’s Fake Top Gun Saga Unravels Amid $40 Million Gold Hoard
national-security4 months ago

CIA Officer’s Fake Top Gun Saga Unravels Amid $40 Million Gold Hoard

A former Ashburn CIA officer, David Rush, is accused of fabricating a decades-long Navy fighter-pilot past and a fictional top-secret program to siphon government funds, while actually serving as a Navy information systems technician. Prosecutors say he spent years deceiving colleagues and authorities, and investigators found 303 gold bars worth over $40 million, plus $2 million in cash and 35 luxury watches at his home. He’s charged with stealing public money via fraudulent time sheets and is held as a flight risk, raising questions about how background checks and polygraphs missed the deception.

CIA Officials Put on Leave as Officer’s Gold-Stash Scandal Unfolds
national-security4 months ago

CIA Officials Put on Leave as Officer’s Gold-Stash Scandal Unfolds

The CIA has placed several senior officials on administrative leave while it reviews how they handled the case of David Rush, a veteran officer arrested in Virginia for allegedly lying about his Navy Reserve status and for receiving large sums of foreign currency and gold bars for “work-related expenses.” Authorities found about 303 gold bars, $2 million in cash, and more than 30 luxury watches at his home. The unfolding case has lawmakers questioning vetting and oversight, with the CIA referring the matter to the FBI as an internal investigation continues.

Former CIA employee charged after alleged $40M gold-bar theft
crime4 months ago

Former CIA employee charged after alleged $40M gold-bar theft

A former CIA executive service employee, David Rush, is accused of stealing 303 gold bullion bars worth more than $40 million and over $2 million in foreign currency from a government storage space, along with 35 luxury watches. The theft charge is linked to alleged falsification of educational/military credentials and timecard fraud used to obtain and maintain his position; Rush remains in custody in Virginia as the FBI and CIA investigation continues, with a detention hearing postponed.

Former CIA Official Arrested After $40 Million in Gold Found at Virginia Home
crime4 months ago

Former CIA Official Arrested After $40 Million in Gold Found at Virginia Home

A former senior CIA official, David Rush, was arrested after FBI agents found about 303 gold bars (roughly 1 kg each) worth more than $40 million, plus around $2 million in cash and 35 luxury watches, at his Virginia home. Court documents say Rush sought foreign currency and tens of millions of dollars in gold bars for “work-related expenses” between late 2025 and March 2026 and later received them; the CIA couldn’t locate the gold or currency, triggering an FBI investigation. Rush, who reportedly had top secret clearance, is charged with criminal theft of public money and is detained pending his hearing.”,

Ex-CIA Officer Allegedly Hoarded $40 Million in Gold at Home
politics4 months ago

Ex-CIA Officer Allegedly Hoarded $40 Million in Gold at Home

A former CIA senior officer with top-secret clearance is charged with criminal theft of public money after authorities say he secretly stored about 300 gold bars worth over $40 million at his home and lied about his background for years. The FBI seized the gold, cash, and watches during a raid, and the case raises questions about the effectiveness of the government's continuous vetting and background-check programs for intelligence personnel.