Overview
- Federal agents seized roughly 303 one‑kilogram gold bars valued at more than $40 million, about $2 million in U.S. cash and roughly 35 luxury watches in a search that led to David Rush’s arrest on May 19, 2026.
- Rush has been charged in federal court with misappropriation of public funds and related fraud counts, and prosecutors say the investigation remains active.
- Court records say Rush repeatedly requested large amounts of foreign currency and gold for claimed official expenses between November 2025 and March 2026, and an internal CIA inventory review found those assets missing before the FBI was alerted.
- Prosecutors allege Rush falsified parts of his résumé and military service claims and submitted false timesheets that resulted in about $77,000 in improper paid military leave.
- U.S. intelligence agencies sometimes keep controlled stores of cash, foreign currency and nonstandard instruments for covert work, so investigators are focused on tracing who approved the withdrawals, checking inventory records and assessing any operational or national security links.