South Florida Dirt: The real estate connection to a $193M fraud scandal
An ex-CIA officer. Nearly 300 bars of gold. And four properties in Palm Beach. What do they all have in common? They’re part of former CIA officer David J. Rush’s $193 million fraud scheme. Rush pleaded guilty this month to defrauding the federal government. He used those funds to buy three homes on Palm Beach Island, plus land a little farther north on Jupiter Island for nearly $103 million. An estimated $46 million in gold bars, 35 luxury watches and two 2026 BMW Alpina cars were among his ill-gotten gains. He’s facing up to 20 years in prison. It’s an […]This article originally appeared on The Real Deal. Click here to read the full story.
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Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131