Monday, July 27, 2026
36 C
New Delhi

Ex-CIA officer accused of siphoning $40 million in gold bars claimed it was for…

Ex-CIA officer accused of siphoning $40 million in gold bars claimed it was for 'government operations'

A former CIA officer accused of siphoning off more than $40 million worth of gold bars abused a highly classified intelligence system designed to protect some of the US’ most sensitive operations, according to a report by The New York Times.David Rush was a former CIA official who held top-level security clearance and is accused of creating a bogus “special access program” and using it to obtain massive quantities of government-owned gold bars and foreign currency under the guise of official expenses.Between November 2025 and March this year, Rush requested tens of millions of dollars in gold bars and large amounts of foreign currency, claiming they were needed for “work-related expenses”. The assets were instead diverted for his personal use.According to The New York Times, the fake programme was presented as being related to “continuity of government operations”, a term generally used for plans that allow the government to continue functioning during national emergencies, attacks or major disasters.Special access programmes are typically reserved for highly sensitive intelligence projects and are subject to strict secrecy rules. Sources familiar with the investigation told NYT that Rush used the programme’s secrecy to conceal the movement of government assets and avoid scrutiny.He even involved two colleagues in the programme and told them to not discuss it with others. One of them was persuaded to transfer large quantities of gold into the programme through a fraudulent government contract.The scheme came to light after a CIA internal investigation found possible misconduct and passed the case to FBI.In a joint statement, CIA and FBI said: “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.”When FBI agents searched Rush’s home in Auburn, Virginia, on May 18, they discovered a cache of valuables.Agents recovered approximately 303 one-kilogram gold bars valued at more than $40 million, around $2 million in cash and 35 luxury watches including Rolexes. Rush has been charged with theft of public money in a criminal complaint filed in federal court in Virginia.The allegations against him extend beyond the gold bar scheme. Rush spent years building a false professional identity that helped him secure increasingly senior government positions. He falsely claimed to hold academic qualifications and listed those credentials when applying for federal jobs and security clearances.Rush submitted fake records to the US Navy when he enlisted in 1997, claiming to possess a university degree. The lie helped him obtain a commission as an ensign in the US Navy Reserve in 2004 before he was discharged in 2015.During a recent court hearing, prosecutors described Rush as a “master manipulator” and alleged that he had also posed as a doctor.

Go to Source

Hot this week

In 1802, an explorer released pigs on Kangaroo Island; 224 years later, Australia has removed them

Kangaroo Island free from feral pigs after successful eradication program In 1802, a French explorer released pigs on Kangaroo Island as a food supply for passing sailors; 224 years later, Australia has officially removed the last of Read More

Vikram Misri Meets China’s Vice Foreign Minister, Reviews India-China Relations

Show Quick Read Key points generated by AI, verified by newsroom Foreign Secretary Misri met top Chinese officials in Beijing. Discussed bilateral relations, leaders’ vision for partnership, development. Read More

This 71-year-old US mayor goes to a homeless shelter every Friday night, sleeps, serves breakfast Saturday morning. In 2021, he called ‘homelessness’ a choice

Mayor Mike Coffman spends every Friday night at a shelter. 71-year-old Mike Coffman, the mayor of Aurora, Colorado, has been following a routine for the last few weeks. Read More

Topics

In 1802, an explorer released pigs on Kangaroo Island; 224 years later, Australia has removed them

Kangaroo Island free from feral pigs after successful eradication program In 1802, a French explorer released pigs on Kangaroo Island as a food supply for passing sailors; 224 years later, Australia has officially removed the last of Read More

Vikram Misri Meets China’s Vice Foreign Minister, Reviews India-China Relations

Show Quick Read Key points generated by AI, verified by newsroom Foreign Secretary Misri met top Chinese officials in Beijing. Discussed bilateral relations, leaders’ vision for partnership, development. Read More

This 71-year-old US mayor goes to a homeless shelter every Friday night, sleeps, serves breakfast Saturday morning. In 2021, he called ‘homelessness’ a choice

Mayor Mike Coffman spends every Friday night at a shelter. 71-year-old Mike Coffman, the mayor of Aurora, Colorado, has been following a routine for the last few weeks. Read More

California’s ocean is up to 4°C hotter; whales are disappearing, pelicans are starving and sharks…

Dolphins frolic in the surf off Long Beach, California — but sightings are more and more rare Ocean temperatures along the California coast have climbed up to 4°C above average, driving whales away from usual feeding spots, sta Read More

YouTuber Tana Mongeau shares blunt reaction after Clavicular’s livestream breakup with Lily Snyder raises tough questions

Tana Mongeau and Clavicular (Image Via Getty) YouTuber Tana Mongeau has strongly criticized streamer Clavicular after watching his emotional livestream breakup with girlfriend Lily Snyder. Read More

A diamond mining operation uncovered a 500-year-old Portuguese shipwreck filled with gold and ancient secrets

PC: AI Generated Along Namibia’s remote Atlantic coastline, where endless desert meets one of the world’s most dangerous seas, a forgotten piece of history lay buried beneath the sand for nearly 500 years. Read More

Related Articles