Ex-CIA officer pleads guilty to embezzlement of $194 million

Former CIA officer David Rush has pleaded guilty to embezzling approximately $194 million in government funds.

Rush created fictitious government entities to obtain government funds and squandered them on extravagant purchases, including gold bullion and luxury real estate.

Rush is scheduled to be sentenced on January 28, 2027, and faces a maximum sentence of 20 years in prison and other penalties.

WASHINGTON, October 7 – RIA Novosti. Former CIA employee David Rush, who was found in possession of gold bars, pleaded guilty to embezzling government funds worth about $194 million, the Justice Department said.

“By his own admission, David Rush defrauded the government of hundreds of millions of dollars and then squandered the funds on extravagant purchases,” FBI Director Cash Patel said.

As a result of the investigation, it turned out that Rush created fictitious government agencies in order to receive funds from the budget. With this money he purchased gold bars, luxury real estate, watches and at least one car. The total amount of funds they embezzled was just over $193.6 million.

Rush's sentencing is scheduled for January 28, 2027. He faces a maximum penalty of 20 years in prison, three years of post-release supervision, forfeiture of property, restitution and a fine.