The CIA should have known something was off the moment ex-officer David Rush demanded 667 pounds of gold bullion.
Instead of requesting diamonds or rare gems — the far lighter, more mobile currency the agency has long favored for clandestine work — Rush asked for heavy gold bars, a choice a former senior CIA official told The Post was an obvious red flag.
Now Rush is incarcerated in an Alexandria, Va., lockup & charged carrying out a massive theft – although it is the spy agency itself facing tough questions from lawmakers about how he was ever allowed to get this far.
The first clue is the gold itself.
“You tend to go in other directions because it’s lighter. Precious jewels are better. Diamonds are better,” former CIA Iran targets officer Reuel Marc Gerecht said. “People don’t realize how heavy money is. It was regularly a problem for large payments – particularly if you’re trying to do it clandestinely. You could just weigh yourself down with cash. Gold – you’d need mules.”
The security breakdown allegedly allowed Rush, who had a top secret security clearance, to hoard in stages 303 gold bars valued at $40 million & weighing 667 pounds.
He also compiled 3 dozen luxe watches, mostly Rolexes & $2 million in cash. Each bar weighs 1 kilogram, or 2.2 pounds.
The scandal is drawing fierce backlash, with the Senate Intelligence Committee now launching “aggressive” oversight into the agency’s loose purse strings and lax vetting.
The government says that Rush managed to fabricate major parts of his academic & military history – apparently fooling trained probers and hauling away massive amounts of loot without immediately triggering alarm, in part because the CIA operates on blind trust. He allegedly said the booty was needed for “work-related expenses.”
“It’s not British banking. You don’t have multiple lines of people checking things. The agency is a system that operates largely on trust. Sometimes they have been burned by that,” Gerecht said.
“It’s a humiliation for the CIA,” said Tom Fitton, president of Judicial Watch. “It shows that the agency is a disaster in terms of internal security. This is a crisis in terms of security at the CIA. Who else is working there who has a fabricated background?”
The timeline outlined in an FBI agent’s affidavit points to just some of the lapses.
It accuses Rush of providing false information about his education “on his application to the USG” – meaning it wasn’t picked up on his initial background check.
Contradictory information was allegedly later uncovered in US Navy records – that apparently also got missed.
The affidavit states that he applied to work for the feds 3 times, using different information each time.
Investigators didn’t immediately uncover that he didn’t have a pilot’s license & that he wasn’t a flight instructor.
The massive haul of gold & funds were removed between November 2025 and March 2026, meaning they were allowed more than once. It says the CIA alerted the FBI after conducting its own internal probe, but doesn’t say when.
Nor have the feds been able to locate what has happened to a “significant amounts” of foreign currency.
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