CIA Official Allegedly Invented Fake Doomsday Program to Hide $40 Million Gold Scheme
A former senior CIA officer allegedly fabricated a high secret intelligence program to siphon authorities cash into gold, in accordance to individuals aware of the federal investigation.
David J. Rush, charged with theft of public cash, constructed a sham “particular entry program” that prosecutors say funneled hundreds of thousands and ended with 303 gold bars stashed in his residence.
How the Alleged Scheme Worked
Rush labored within the CIA’s Directorate of Science and Technology and constructed what is named a particular entry program, a black field so restricted that even cleared officers want authorization to see inside.
He allegedly “learn in” two colleagues as probably unwitting accomplices and used a fabricated contract to funnel cash into it.
The faux undertaking posed as continuity of presidency work, the doomsday planning for preserving Washington operating after a disaster.
Rush reportedly used that cowl to persuade a protection contractor to purchase massive quantities of gold.
Follow us on X to get the newest information because it occurs
What the FBI Found
A May 18 raid on Rush’s Virginia residence turned up 303 gold bars value roughly $40 million, $2 million in money and 35 luxurious watches, in accordance to a authorities affidavit.
The May 20 submitting additionally alleges he lied a couple of Clemson diploma, a Rensselaer grasp’s and a Navy pilot document, and picked up $77,000 in navy go away pay after leaving the Navy in 2015.
The FBI discovered no document he attended both faculty. CIA Director John Ratcliffe referred the case after an inside evaluate, and several other officers at the moment are on go away.
Why a $40 Million Gold Haul Draws Scrutiny
The seizure lands amid document demand for gold as a store of value, with central banks stockpiling gold close to document ranges.
That run has revived the BTC versus gold debate and contemporary claims that Bitcoin is digital gold.
Investors additionally weigh Bitcoin versus gold as a hedge.
Physical bullion, although, leaves a heavy paper path, elevating questions on how the theft escaped discover.
A Widening Case
At a June 5 detention listening to in Alexandria, Virginia, Magistrate Judge William Fitzpatrick ordered Rush held as a flight threat.
Prosecutor Gavin Tisdale known as him a “grasp manipulator” and mentioned the proof to date is barely a “fraction” of what investigators have gathered.
“Keeping gold bars and wads of money in your home will not be precisely top-notch tradecraft,” said Jim Himes, rating Democrat on the House Intelligence Committee, in a public assertion.
The single cost could also be solely the opening transfer. With proof sealed and officers on go away, coming weeks will present whether or not that is one man’s fraud or a wider breakdown of CIA controls.
The put up CIA Official Allegedly Invented Fake Doomsday Program to Hide $40 Million Gold Scheme appeared first on BeInCrypto.
