South Florida Dirt: The real estate connection to a $193M fraud scandal

by Katherine Kallergis

An ex-CIA officer. Nearly 300 bars of gold. And four properties in Palm Beach.  What do they all have in common? They’re part of former CIA officer David J. Rush’s $193 million fraud scheme. Rush pleaded guilty this month to defrauding the federal government. He used those funds to buy three homes on Palm Beach Island, plus land a little farther north on Jupiter Island for nearly $103 million. An estimated $46 million in gold bars, 35 luxury watches and two 2026 BMW Alpina cars were among his ill-gotten gains.  He’s facing up to 20 years in prison.  It’s an […]

This article originally appeared on The Real Deal. Click here to read the full story.

Eric Reikenis
Eric Reikenis

Agent License ID: BK3248822

+1(561) 339-1344 | eric@listingsource.com

GET MORE INFORMATION

Name
Phone*
Message