FBI agents recovered 303 gold bars worth more than $40 million from the Virginia home of former CIA senior official David Rush, alongside millions in cash and luxury watches, during a search tied to alleged misuse of government-issued assets.
David Rush is accused of requesting large quantities of gold bars and foreign currency from US government channels over several months, describing them as work-related expenses, according to court filings.
Investigators later reported they could not trace where the gold or currency went after it was issued, and found no supporting records showing how the assets were used.
During the search on 18 May, agents seized approximately 303 one-kilogram gold bars, about $2 million in cash, and 35 luxury watches, including multiple Rolex pieces.
Court documents state Rush previously held a senior position within the CIA and had top secret clearance. He is also accused of falsifying elements of his background during the hiring process, including education and military service.
The CIA opened an internal review after discrepancies emerged and referred the matter to the FBI. Rush was arrested on 19 May and remains in detention ahead of a court hearing.