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FBI arrests CIA official with $40M in gold bars in his home

nytimes.com

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Re: FBI arrests CIA official with $40M in gold bars in his home

#111
So we have this, and the Google employee polymarket trading:

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.

Re: FBI arrests CIA official with $40M in gold bars in his home

#114

Earlier quoted context omitted.

The type of people Intelligence agencies need and use to accomplish their goals are also the type of people who tend to do these things.

Exactly, honest people would fail at such missions. A few million lost here and there is the cost of doing business

imminent danger pay

Re: FBI arrests CIA official with $40M in gold bars in his home

#115

Earlier quoted context omitted.

Watches are the commodity of choice for corruption in some circles. I know people in jewelry and a significant portion of their transactions are watches to Chinese businessmen, formerly through Hong Kong, now through Singapore. They're high value items with razor thin margins.

I collect watches worth >$100k and I promise you that most collectors in this range are just watch nerds that have more money than they know what to do with. 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.

What's the appeal of collecting high priced watches? Is it kind of like art collections, where its a decent store of value while maintaining a collection of something you are personally interested in? Or is it more for "love of the game"?

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" :)

Re: FBI arrests CIA official with $40M in gold bars in his home

#116

Earlier quoted context omitted.

What a disingenuous way of thinking. Not falling for this is the basis of much religious text by the way. Splitting baby in the middle, etc. 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.

the CIA is literally tasked with breaking (other countries') laws. tradecraft is a very similar skillset to being an effective criminal. 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.

MKUltra would have been a bizarre horror to experience

Re: FBI arrests CIA official with $40M in gold bars in his home

#118
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.”

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.

Re: FBI arrests CIA official with $40M in gold bars in his home

#119
post #90
post #44

Earlier quoted context omitted.

When it comes to stories involving intelligence agencies I generally assume that I’m not getting the whole or accurate story.

Yeah, the CIA is all about CYA.

Much like most office jobs
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