David Rush, a former official of the US Central Intelligence Agency (CIA), has been arrested after federal investigators discovered hundreds of gold bars and millions of dollars in cash inside his Virginia home.
According to court documents, FBI agents searching the property found around 303 gold bars, each weighing close to one kilogram, with an estimated value exceeding 40 million dollars.
Authorities also seized approximately two million dollars in US cash and 35 luxury watches, including several Rolex models.
Reports indicate that until recently, Rush held senior management positions within the CIA and possessed top-secret security clearance with access to classified information.
Court records show that over the past year he submitted multiple requests to the US government for gold bars under the justification of “work-related expenses.”
Rush is now facing charges related to the alleged criminal theft of public funds.
The FBI said the investigation began following a referral from CIA Director John Ratcliffe over suspected legal violations.
According to court documents, Rush received tens of millions of dollars in gold bars and substantial amounts of foreign currency between November 2025 and March 2026, but internal reviews reportedly found no official record explaining where the assets went or how they were used.
He is also accused of providing false information about his academic and military background during government employment and allegedly received thousands of dollars in additional salary through fraudulent military leave claims.
US authorities have not yet publicly explained why such a large quantity of gold and cash was allegedly being stored in Rush’s private residence.
Rush’s lawyer has so far declined to comment on the case.
