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Former US official admits $194M fraud after FBI finds gold bars

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David J. Rush, a former high-ranking federal employee, has pleaded guilty to defrauding the US government of nearly $194 million. He used his top-secret security clearance to create fictitious government projects. The FBI raided his property and discovered 298 gold bars and cash among the proceeds. Rush spent the stolen funds on luxury goods and assets.

Read the full story at Times of India

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