Ex-CIA official found with $40 million in gold bars admits to sprawling scheme
Summary
David Rush, a former CIA official, pleaded guilty to wire fraud for stealing nearly $200 million in government money by creating fake classified programs. He used the stolen funds to buy Florida mansions, gold bars, luxury watches, and cars, and now faces up to 20 years in prison.Key Facts
- David Rush pleaded guilty to one count of wire fraud.
- He stole about $194 million in government money through fake classified programs.
- Rush used the money to buy four homes in Florida, 298 gold bars, luxury cars, and watches.
- The FBI found gold bars, $2 million in cash, and watches at Rush’s home during a search.
- Rush created false project claims to get contractors to transfer government funds to companies he controlled.
- He was arrested in May and remained in custody due to concerns he might flee.
- Prosecutors said Rush lied about his background and used his government access to carry out the fraud.
- He agreed to forfeit the stolen assets as part of his plea deal.
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