Monday, June 8, 2026
37.9 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

Twitch streamer Kathelina’s controversy deepens as former best friend Snowcone speaks out after Kenneth’s cheating allegations

Twitch streamer Kathelina (Image Via Getty) The online controversy involving Twitch streamer Kathelina, also known as Kvrtez, continues to grow as more creators become part of the discussion. Read More

Kangana Ranaut draws parallels with Ranveer Singh’s criticism

Actor-politician Kangana Ranaut has compared the criticism faced by Ranveer Singh with the challenges she encountered during her own career, saying she has already gone through much harsher scrutiny, legal battles and media exclusion Read More

Kai Cenat begins search for students as Streamer University 2026 opens applications

Image/Instagram Kai Cenat has started looking for new students for Streamer University 2026. The popular streamer recently gave a big update saying that applications are now open for the second season of his creator event. Read More

Zepto IPO: Aadit Palicha, Kaivalya Vohra to hold stake; Nexus Ventures biggest seller in OFS

New Delhi, Jun 9 (PTI): Quick commerce major Zepto’s promoters, including co-founders Aadit Palicha and Kaivalya Vohra, will not dilute any of their equity in the company’s upcoming initial public offering (IPO), even as early institutio Read More

Topics

Twitch streamer Kathelina’s controversy deepens as former best friend Snowcone speaks out after Kenneth’s cheating allegations

Twitch streamer Kathelina (Image Via Getty) The online controversy involving Twitch streamer Kathelina, also known as Kvrtez, continues to grow as more creators become part of the discussion. Read More

Kangana Ranaut draws parallels with Ranveer Singh’s criticism

Actor-politician Kangana Ranaut has compared the criticism faced by Ranveer Singh with the challenges she encountered during her own career, saying she has already gone through much harsher scrutiny, legal battles and media exclusion Read More

Kai Cenat begins search for students as Streamer University 2026 opens applications

Image/Instagram Kai Cenat has started looking for new students for Streamer University 2026. The popular streamer recently gave a big update saying that applications are now open for the second season of his creator event. Read More

Zepto IPO: Aadit Palicha, Kaivalya Vohra to hold stake; Nexus Ventures biggest seller in OFS

New Delhi, Jun 9 (PTI): Quick commerce major Zepto’s promoters, including co-founders Aadit Palicha and Kaivalya Vohra, will not dilute any of their equity in the company’s upcoming initial public offering (IPO), even as early institutio Read More

Who is Hector Delion, Penn Station stabbing suspect arrested after 5 people were injured?

Penn Station stabbing suspect was identified as Hector Deleon, a homeless man. Read More

Kick streamer Oblivion’s Family Mart encounter sparks debate over livestream etiquette in Japan

Image/Instagram Kick streamer Oblivion is facing criticism online after a recent livestream in Japan led to an uncomfortable situation inside a convenience store. Read More

“Why are you talking …?”: CDawgVA reveals unexpected MrBeast call story as Chris Broad’s old Logan Paul criticism returns

CDawgVA and MrBeast (Image Via Getty) A recent livestream conversation involving popular creator Connor “CDawgVA” Colquhoun has sparked fresh discussion around YouTube star Jimmy “MrBeast” Donaldson. Read More

Related Articles