Ex-CIA officer who stashed gold used Palm Beach luxury homes in $193M scam

by Alissa Gary

An ex-CIA officer who admitted last week to defrauding the government of $145 million wired more than $100 million into South Florida luxury real estate as part of the scheme. The former officer, David J. Rush, of Virginia, pleaded guilty Oct. 6 to one count of wire fraud after the FBI discovered 300 gold bars, along with $2.1 million in cash, about 100,000 Euros and luxury watches including Rolexes, in his Virginia home in May. Court documents filed after his arrest show he participated in a bigger scheme that included using illegally obtained money to buy four South Florida properties […]

This article originally appeared on The Real Deal. Click here to read the full story.

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Real Estate Advisor License ID: SL3518131

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