Former CIA officer pleads guilty in gold bars case, admits to defrauding government of nearly $200M
David Rush, a former CIA officer, pleaded guilty Tuesday in federal court to one count of wire fraud. He admitted using government payments for personal benefit.
A Justice Department prosecutor’s summary says Rush invented two purported Special Access Programs to secure more than $190 million from senior officials. The payments are far greater than amounts previously reported in the case.
Prosecutors said about $145 million went toward luxury properties in Palm Beach, Florida, renovations intended to help sell them for a profit, and luxury cars and watches. Rush also admitted falsely seeking about $1.8 million for personal charter flights.
The case has prompted questions about how intelligence agencies approve secret payments and monitor their use. CIA Director John Ratcliffe said the agency referred the matter to the FBI after an internal investigation identified possible crimes.
The wire fraud count carries a maximum sentence of 20 years in prison. Under his plea, Rush also agreed to pay $195 million in restitution; the article does not give a sentencing date. The case may intensify public and congressional scrutiny of intelligence spending oversight.
Key points
- Rush pleaded guilty to wire fraud over nearly $200 million in government payments.
- Prosecutors say the money funded real estate, luxury purchases and personal flights.
- He agreed to $195 million in restitution; the charge carries up to 20 years in prison.