A judge on Friday ordered former CIA official David Rush held pending trial after federal agents found about $40 million in gold bars, along with cash and luxury watches, at his home last month.
At a detention hearing in Alexandria, Virginia, U.S. Magistrate Judge William Fitzpatrick said Rush posed a serious flight risk.
The Federal Bureau of Investigation searched Rush’s home in May while investigating whether he had lied about his educational and military background. According to prosecutors, agents found 303 gold bars, $2 million in cash, and more than 30 luxury watches. Government lawyers said the evidence suggested Rush was converting funds into commodities that could be traded and trying to hide the money.
During the public portion of the hearing, after an hourlong sealed session, government lawyers said Rush had misled neighbors and co-workers and used his position to gain trust. A Justice Department lawyer said Rush “cannot be trusted” and is “fully willing and able to skirt the rules.”
Rush is being held in solitary confinement. He currently faces one charge alleging about $70,000 in fraudulent timesheets.
Prosecutors said large sums remain unaccounted for. Rush’s lawyer, Jessica Carmichael, said the gold bars had all been recovered and were a “non-issue.” She said Rush told agents about the gold bars when they searched his home and provided the codes to access them in his basement.
The government argued Rush should not have had the gold bars at his home. Carmichael said prosecutors had not explained how any foreign currency was intended to be used or what steps they had taken to find it. An FBI affidavit alleged that from about November 2025 to March 2026, Rush made several requests to obtain a significant amount of foreign currency.
Carmichael said it was “not the defense’s burden to find foreign currency that’s unaccounted for” and called the allegations “sensational.” She also said some defense claims may “sound bizarre and secretive,” but argued that the nature of Rush’s job “can be bizarre and secretive.” She said home detention with an ankle monitor would have been sufficient.
Carmichael said the Justice Department’s allegations were “like Whack-a-Mole,” and that she was playing with “a blindfold on.” She told the court she learned of new evidence during the sealed portion of the hearing and had not received a response after asking prosecutors about discovery.