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Obvious plant nobody would be that stupid to store the valuables at home within the first six months after the „acquisition“.
——
Also the CIA was unable to confirm his discharge with the navy earlier? As if people aren’t properly vetted every time they switch jobs within the agency. (Especially considering his CIA career was on an upward trajectory)
I have no clue what Mr. Rush actually did but it was neither of these two things which earned him ire.
Maybe he’s a traitor and the gold + foreign money are bribes. If the CIA doesn’t want to explain what he‘s been bribed for the charges make a more sense.
Whenever you say "nobody would be that stupid" you have to pause and take a deep breath and realise that however dumb something is, there are for sure people who are stupid enough to do it.
Example 1 from personal experience: I was at my aunt's house and she had to rush a friend's husband to get medical help because he had drilled a hole in his own stomach with a hand drill while trying to put up a bookshelf.
The friend had been reading a book on medieval medicine so (rather than rushing her husband immediately to hospital) decided to try a medieval remedy on him so fed him some soup to see whether (in line with the medieval diagnostic routine) she could smell it after he had eaten it. She could indeed, because it dribbled out of the hole he had drilled in his stomach.
Now. You might reasonably say: "Noone would be so dumb as to drill a hole in their own stomach" or indeed "noone would be so dumb as to see a loved one who had drilled a hole in themselves and decide to feed them soup" but I can tell you from direct personal experience there are people dumb enough to do this.
Example 2 from personal experience[1]: A friend of my dad who was a highly capable chemical engineer and generally very practical guy (eg he made a motorcycle for his kids to play on using salvaged parts including a lawnmower engine and a frame he welded together himself) was a hobby parachutist. He broke his spine because he decided to modify his parachute himself on his wife's sewing machine in spite of having no previous sewing experience.
However dumb something is, there are people dumb enough to do it and even otherwise smart people have blind spots that make them incredibly dumb under the right circumstances.
[1] Just in case you think smart people can't do incredibly dumb things.
Long ago, I graduated from a police academy. One of the things taught was that crooks, while clever at finding ways to make money, are rather unclever ("stupid" if you will) at performing that task. Which is why so many are caught.
The smart engineer who over-estimated his ability with sewing is a tragic example of the Dunning-Kruger effect.
I'm reminded of the Dunning Kruger paper [0]:
> In 1995, McArthur Wheeler walked into two Pittsburgh banks and robbed them in broad daylight, with no visible attempt at disguise. He was arrested later that night, less than an hour after videotapes of him taken from surveillance cameras were broadcast on the 11 o'clock news. When police later showed him the surveillance tapes, Mr. Wheeler stared in incredulity. "But I wore the juice," he mumbled. Apparently, Mr. Wheeler was under the impression that rubbing one's face with lemon juice rendered it invisible to videotape cameras.
Links:
0 - that paper itself: https://sites.lsa.umich.edu/sasi/wp-content/uploads/sites/27...
But where else would you keep it? A safe-deposit box at a bank?
I think, if I received illegitimate gold bars and figured the FBI might look into that, I would choose to keep them somewhere where a judge would think twice before issuing a search warrant for. Judges don't generally just issue search warrants for residences willy-nilly (because there can often be collateral damage); they're much more blasé about issuing search warrants for safe-deposit boxes.
Or are you imagining he'd go bury the gold in a hole in the woods somewhere?
Why not?
What are you on about, searching homes is the #1 criminal investigation technique once you're able to name a suspect.
It's also obvious from the article that his home was indeed searched.
The idea that the government would not obtain a warrant if they suspect you of stealing millions...
This is what happens when a new administration fires the incumbent experts and hires by loyalty tests.
He is accused of fabricating his educational credentials.
Either this guy is fantastic at lying or the orgs where he worked are falling flat on due diligence.
There’s zero reason to assume this is anything but exceptional incompetence, and looking at the current administration that’s wildly easy to believe.
This is an entertaining conspiracy theory because you'd have to believe that the CIA was so smart that they would completely manufacture a story to get someone arrested, yet so dumb that they'd make up a story that raises questions and makes them look like they did some stupid things.
If a powerful organization hypothetically wanted to get someone arrested by planting evidence, do you really believe this is the best idea they could come up with?
The ironic thing is the money usually goes missing. It gets given to some VIPs brother, who is supposed to give it to VIP, but doesn’t.
The important thing is it not go missing while you are watching it. It can go missing later - just not on your watch.
[0]: https://www.globalnerdy.com/2011/07/03/org-charts-of-the-big...
I’m sure the CIA could come up with a better excuse.
Only under the incentive structures you’re used to considering.
but yeah, I imagine that a job which requires keeping secrets and breaking laws tends to attract people who keep secrets and break laws.
If the people in the CIA who do hiring want the talent who are excellent at lying and compartmentalizing their ethics, then that’s what the organization becomes over a generation.
You can't be a nice balanced guy doing work which often dips in shady stuff, sometimes being responsible for killing innocents, or in extreme cases one's failed actions can send some region into death spiral of some small or larger conflict. No, you need (relatively) smart folks for whom emotions are just a tool to use on others to achieve your goals.
And this obviously has various side effects, some quite negative.
But on the other hand, being a useful fool that blindly does anything for profit, Do seem in line with the people working in tech for the last decade.
Yes, the CIA is a corrupt today as "tech". And no that is not ok nor required, or it ever was like that.
think about it: shell companies, lockpicks, bribes, theft, blackmail, hacking, forgery. two kinds of people do those things: spooks, and the mob. the difference is why you're doing it and to whom.
also, if anything the CIA is far tamer today than it was in the '60s.
They're on record as happy to barter guns and drugs also.
isn’t it obvious?
not being charged for the forty million dollars in gold and foreign currency missing, no explanation on why they are even looking for something that was rightly paid out as expenses, no explanation on what kind of expenses those could be to begin with to incur this much, no explanation on why the government wasn't using US dollars to pay a government employee expenses. Its a complete red herring because some client state is paying off a debt, CIA just needs this guy burned
I think it's pretty obvious the gold was to pay a bribe. The only thing I'm surprised about is the value. That's A LOT of money for a single pay-off or bribe. It seems more than what would conceivably be paid to an individual at once because spy agencies tend to prefer to pay-as-you-go with individuals. Each round of documents, actions or whatever gets a payment.
So I suspect this was intended to either buy a one-time, career-ending action from someone very senior or, more likely, the ongoing cooperation of a company, gang or small nation-state. It's hard to guess but looking over major events in that time frame, Venezuela might be a good bet. The odd part is that the gold was in his house. Aside from the dumb trade craft of keeping it in the very first place anyone would look, why is the gold even in CONUS?
And why gold? Bulk gold is one of the worse ways to transfer that much money. It's big, heavy, and easy to trace until melted down (which is hardly trivial for most people). But the thing I'm stuck on is the places you can walk into and get cash for even one kilo of gold, much less over 300 of them, is extremely limited - and half of them will be under some form of "Know Your Customer" reporting, especially in North America, and the other half might prefer to "Kill Your Customer" and keep the gold. Diamonds, bearer bonds, offshore numbered account, even good old Benjamins seem far better. I think the amount and medium both narrow down the sort of person or entity the intended recipient must be.
One imagines the sort of folks who'd actually prefer to receive payment in that much gold bar all reside overseas where they might control a national bank or have their own precious metals smelting operation. That's why I'm struggling to picture the fake scenario this senior executive used to plausibly convince anyone at the CIA he personally needed to take possession of more gold than several people can comfortably carry and do so in the vicinity of rural Langley, VA. I mean, he can't carry it on any commercial flight and It's not like he's going to schlepp it himself in his family sedan to put it on a secret CIA cargo flight. The CIA has people for that. Also, someone that senior isn't generally doing any direct case officer work. They manage case officers who manage field assets.
So many interesting questions we'll never get answers to.
And we'll get all the answer, it'll just take 50 years, and then everything will probably make a lot more sense. Maybe even sooner if an administration finally gets the courage and brains to get rid of the CIA. So incompetently destructive to US interests, and an overall abhorrent organization.
That’s really nothing in the theatres the CIA operates in. They simply gave it to him and followed up only after the agency’s bureaucrats couldn’t find it during auditing half a year to a year later.
To bribe a nation-state, you’re in the billions. https://www.jfeed.com/middleeast/qatar-iran-bribe-deal
To gain at least some loyalty from a warlord-based Middle East militia, the US was willing to spend 500 million in cash, plus another 200 million in weapons.
https://www.reuters.com/world/us-blocks-iraqs-dollar-shipmen...
If you wanted to bribe a high-level drug trafficker, 40 million would get you laughed out of the room or put in a barrel and shipped around for other associates to laugh at.
According to the 2012 annual report of Sos Impresa, the total annual turnover of money by criminal organisations operating in Italy would be valued at €138 billion, with a net profit of €105 billion.
What’s 40 million to someone moving billions in product?
https://unicri.org/sites/default/files/2021-06/UNICRI_Organi...
You’re also wrong about the gold. Gold is easily moved in the hawala system. You give the gold bars to a hawaladar in the US, they give you a piece of paper with a few numbers and you can take it out of the network minus the agreed fees at a different physical location within the network within a few hours in local currency or gold.
https://www.unodc.org/documents/data-and-analysis/AOTP/Hawal...
There is a good example in that report.
Witnesses testified that the trafficker kept track of his drug transactions using relatives who were hawaladars and who recorded the drug transactions and profits in ledgers.
The ledgers were seized and presented as evidence at trial. One ledger, covering the year 2006-2007, contained a series of money transfers linked to opiate and precursor chemical transactions. Another contained financial records of heroin transactions, arranged by a trafficker, covering the period March 2006 to March 2007. Analysis of the ledger determined that the defendant produced and sold over 123,000 kg of heroin, worth more than USD261,000,000: this represented over 19 per cent of the total amount of heroin produced worldwide in 2006, based on UNODC figures.
My bet is he is probably responsible for Middle East-related activities and saw an opportunity in this Iran mess to gain some pocket money while simply squeezing his contacts in the Middle East for whatever favour the CIA needed and keeping the money for himself. Not the first time this happened.
This usually either surfaces because the contact tells someone on a tapped phone that he got his balls squeezed by the CIA and not even got any money for it or when someone in CIA finance says, “Hey Lisa, I need to make this report where the billion for the Iran stuff went and how much we spend and for what and we’re missing six paperclips and 40 million in gold and a few mil in foreign currency. Did someone take it home with them again to make Breaking Bad Ka$h bed photos for their Instagram?”
I guess the gold bars aren't uniformly sized, which would agree with your ~280kg number.
Joe Burrow weighs 215 lbs and makes $55 million per year. That makes him worth his weight in gold x4.
I'm still researching the average weight of a football field. Depends if it has rained recently.
Singapore is a big watch market because it has a very tight knit and wealthy collector community.
Margins on most watches in this range are around 10% on the low end. I wouldn't call that razor thin.
But I think the point is that if I want to transport money from one country to another, I can buy a watch for 30k, take it to the other country, and sell it to a collector relatively easy for probably the same amount of money.
Same if I wanna give a bribe to somebody, I can give them a watch for worth 30K and they can easily sell it for cash to a collector for 30K.
So that person would not be a collector. They would just use it to transfer the value.
Similar to fine art. For every purchase of a painting by a collector who's actually going to display it, there are 10-100 being purchased by people who're going to keep them in freeport awaiting resale.
Basically like commodities futures. You don't buy onion futures because you have anything you would personally do with multiple tonnes of onions.
Not saying its not a cool thing to collect, well made watches are a very cool piece of engineering, I'm just curious if there's any "special" appeal outside of "i like this thing and have the money to enjoy it" :)
Dad: Public or private sector?
[1] https://www.goodreads.com/book/show/249237.Gold_Warriors
I think intelligence and finance really go hand in hand. It makes so much sense -- you see, the intelligence community really hates the congress or whatever to snoop around its operations before approving the budget -- wouldn't it a lot easier to just earn your own $$? And with all the information the intelligence agencies control, it is almost trivial to make quick money in finance. Last but not the least, wouldn't banker be the perfect cover for spies? They wear nice suites, too.
Meta, Microsoft, Amazon, Google, etc all have Global Security branches.
I think it really makes sense to consider ourselves to be just intelligent cattle -- they still tolerate us because they need us to turn natural resources into machinery, weapon, insights and other stuffs they need, but once AI and robots keep up, they can probably get rid of 90% of us.
That's too misanthropic for my tastes.
> to turn natural resources into machinery, weapon, insights and other stuffs they need
It's easy to live in our world and ignore the maintenance staff.
> but once AI and robots keep up
This is nowhere near happening. Your seeming rush into anticipatory compliance is exceedingly premature.
> they can probably get rid of 90% of us.
It's the same moronic death cult that's been active since the 1860s. They would like to believe this, more importantly they would like /you/ to believe this, but a sober examination of the facts shows it to be a mixture of bluster and folly designed to intimidate you into transferring your personal wealth into their profit.
A guy I used to know, a retired USAF Maj. pilot, acquired a bunch of racing cars, motorcycles, and a non-flyable MiG-21 through shady characters.
More than likely individual people try to get away with doing shady shit on the side rather than it being a grand UFO conspiracy.
he will serve a short jail term but at least he will live.
remember folks - C.I.A is the only gvt org that self funds itself & can run entirely without gvt money.
Citation needed.
The CIA receives lots of opaque funding from the US government (at least opaque to citizens trying to FOIA), but just because it’s not easily accounted for doesn’t mean the org funds itself.
> The only charge lodged against David Rush is that he inflated his academic credentials and obtained military leave pay worth tens of thousands of dollars.
Is this guys just very good at saving gold for CIA/personal reasons and it's still his or is this gold in related to some crime ?
- "I need these bars to pay off this Russian spy who will tell us Putin's nuclear codes password"
Comes back a week later
- "His password is 12345"
- "How do we know the story is not fake?"
- "What am I going to get a signed receipt from him? Duh..."
Gold and money for an operation that could have been to anything from funding armed rebellion to god only knows.
to some degree, that’s our employees and often our money - it’s our concept of how much money is okay to fuck around with that matters.
> [he] asked for, and received, “a significant quantity of foreign currency and tens of millions of dollars in gold bars for work-related expenses.
Shel: "You robbed the U.S. Mint on your own? The CIA thought it was too crazy?"
Vince: "Too risky."
Fair enough.
It seems like an extraordinary story and I don't understand why there isn't a hullabaloo. Did I hallucinate it? Who runs this country?
The FBI raided the home of John Bolton who was a former National Security Advisor for the first Trump administration. (not directly part of the NSA and definitely not the director of the NSA). Bolton has become a vocal critic of Trump since he was fired in Sept 2019.
Trump's DOJ has a track record of prosecuting Trump's vocal critics. eg. Former FBI director James Comey and New York attorney general Letitia James
https://en.wikipedia.org/wiki/Prosecution_of_John_Bolton
There has been no legal action taken against current NSA director General Joshua M. Rudd or his recent predecessor, William J. Hartman
And many Americans claim they have freedom of speech!
(Of course the little guys speech is "free", they aren't important. But the moment the little guy critical of Trump is in a position of power or influence, watch how quickly he is silenced.)
American Thought Control.
Crazy crackpot schizos aren’t the only ones listening to the voices in their heads.
> From last November to March, the court papers say, Mr. Rush asked for, and received, “a significant quantity of foreign currency and tens of millions of dollars in gold bars for work-related expenses.”
Possibly the question here is, why did Rush take them home. It's always possible Rush was just sloppy and undisciplined, which would also reflect a cultural problem. Many people have been found with secret documents in their homes.
Make up some sources, pretend to pay them, cash the payments.
He probably just got sloppy, and it got too obvious.
Hey, handing over millions of $$s to local warlords is a business expense...
https://news.ycombinator.com/item?id=48302822
I'm totally not surprised, except that Trump's admin is actually catching and prosecuting these people.
I assume that means this is just the tip of the iceberg, and the grift is so predominant that they can't help but catch some people.
It says he received it as compensation for expenses, not that it was ever in some government vault. This is additional gold and foreign currency that an agency had, not the reserve.
It then says
> When the C.I.A. conducted a review of where the gold and currency were stashed
Why would they do that if it was compensation for expenses
He wasn't charged for that, and the phrasing doesn't suggest it was supposed to be remitted to the government
if the CIA didn't have a history of being involved in shady shit like this that already explains everything, this would be weird
instead it looks like he's got burned over his necessary use of fibbed identity
EDIT: it's 240. but still, they were worth a lot less not that long ago...
And it can be made to disappear in a hurry, if you have to: https://www.npr.org/sections/krulwich/2011/10/03/140815154/d...
Literally none of these is true of Bitcoin.