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News in English (USA) / 08.10.2026 / 22:00

Former CIA Officer Pleads Guilty in $194 Million Fraud Scheme Involving Gold Bars

A former CIA official has pleaded guilty to a massive fraud case, admitting to stealing nearly $194 million from the U.S. government, which included stashing $46 million in gold bars. The disgraced ex-officer, who was found with 298 gold bars and luxury properties in Florida, orchestrated a scheme that involved creating a fake top-secret government program to siphon funds. The investigations were triggered by a compromise of a confidential intelligence informant, leading to the discovery of the fraud and embezzlement activities. As part of the plea agreement, he is required to forfeit $100 million worth of stolen assets.
NPR, BBC, Yahoo, Department of Justice (.gov), NBC News, WPEC, The New York Times, The Washington Post, NewsNation, FOX 13 Tampa Bay