Ex-CIA official stole $40 million in gold by making fake spy program

Former Central Intelligence Agency official David Rush, who is accused of stealing more than $40 million and converting the proceeds into gold bars and other valuables, allegedly created a fictitious intelligence program that he used to siphon millions of dollars in government funds for personal gain.

Ex-CIA official stole $40 million in gold by making fake spy program

TL;DR

  • David Rush, a former CIA official, is accused of stealing more than $40 million.
  • He allegedly created a fraudulent "special access program" to siphon government funds.
  • Rush reportedly presented the program as a continuity-of-government initiative.
  • He may have involved two colleagues, possibly unwittingly, in the scheme.
  • Upon arrest, investigators found 303 gold bars valued over $40 million, $2 million in cash, and numerous Rolex watches.
  • Rush was arrested by the FBI following an internal CIA investigation.
  • A federal judge ordered Rush to remain in custody, citing a significant risk of flight.