Ex-CIA official stole $40 million in gold bars from agency, prosecutors allege
Summarized and contextualized by DistantNews.
At a glance
- A former CIA official is accused of stealing over $40 million in gold bars and hiding them at his home.
- The suspect, David J. Rush, allegedly took 303 gold bars while holding a senior management position with top-secret clearance.
- Authorities also suspect Rush of submitting fraudulent timesheets and falsifying his background during hiring.
A former CIA official is facing charges of theft and fraud after allegedly stealing more than $40 million worth of gold bars from the agency. David J. Rush, who held a senior management position and possessed top-secret security clearance, is accused of hiding 303 gold bars at his Virginia home.
The CIA's internal investigation uncovered potential legal violations, leading to the FBI's involvement. A search of Rush's residence revealed not only the gold bars but also approximately $2 million in cash and dozens of luxury watches. Prosecutors have charged Rush with theft of public funds and submitting fraudulent timesheets.
Authorities are also investigating allegations that Rush falsified his academic and military background when he was initially hired by the CIA. The agency and the FBI issued a joint statement emphasizing their commitment to a thorough investigation, accountability, and pursuing justice.
After a CIA internal investigation identified potential violations of the law, CIA Director John Ratcliffe referred the information to the FBI for a law enforcement investigation. The FBI is working closely with our partners at the CIA and the Department of Justice as we continue to investigate this matter fully. We are committed to following the facts, ensuring accountability, and pursuing justice in accordance with the law.
Originally published by Jerusalem Post. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.