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

Sounds like he was most likely involved in some serious shit that was off the books and somehow it came to light. His boss is probably aware of what it was but no one will admit shit. It went awry and he is left holding the bag.

Gold and money for an operation that could have been to anything from funding armed rebellion to god only knows.

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

#5

Post by simpaticoder » Thu, May 28, 2026, 12:58 AM UTC

So what is that, like 10 gold bars?

EDIT: it's 240. but still, they were worth a lot less not that long ago...

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

#6

Post by mlmonkey » Thu, May 28, 2026, 12:59 AM UTC

Gold is the "bitcoin" of yesterday, in the sense that it is untraceable, anonymous and yet high value enough to be worth it.

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...

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

#7

Post by farrarstan » Thu, May 28, 2026, 12:59 AM UTC

simpaticoder wrote: post #5

So what is that, like 10 gold bars? EDIT: it's 240. but still, they were worth a lot less not that long ago...

[dead]

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

#8

Post by mlmonkey » Thu, May 28, 2026, 1:00 AM UTC

simpaticoder wrote: post #5

So what is that, like 10 gold bars? EDIT: it's 240. but still, they were worth a lot less not that long ago...

According to the article, 303 gold bars worth about $40M.

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

#9

Post by asdff » Thu, May 28, 2026, 1:00 AM UTC

sleepyguy wrote: post #4

Sounds like he was most likely involved in some serious shit that was off the books and somehow it came to light. His boss is probably aware of what it was but no one will admit shit. It went awry and he is left holding the bag. Gold and money for an operation that could have been to anything from funding armed rebellion to god only knows.

$40m+ in an expense account based in gold bars is absolutely crazy. CIA agents must have access to untold resources if this is seen as a somewhat regular 4 month spend. Seems it is, given that they seemingly weren't concerned about the $40+ million being taken out, but where it was being held.

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

#10

Post by fn-mote » Thu, May 28, 2026, 1:01 AM UTC

sleepyguy wrote: post #4

Sounds like he was most likely involved in some serious shit that was off the books and somehow it came to light. His boss is probably aware of what it was but no one will admit shit. It went awry and he is left holding the bag. Gold and money for an operation that could have been to anything from funding armed rebellion to god only knows.

I thought this was baseless speculation, but from TFA:

> [he] asked for, and received, “a significant quantity of foreign currency and tens of millions of dollars in gold bars for work-related expenses.