Gold bar
43
MENTIONS
8
EPISODES
8
PODCASTS
Search complete. 43 mentions across 8 episodes found for "Gold bar".
Oct 9, 2026
Kevin JacksonHOST
One former fed employee.
Kevin JacksonHOST
The scheme included fraudulent acquisition of tens of millions of dollars in gold bars and luxury properties in Florida.
Kevin JacksonHOST
AG Tom, uh, Todd Branch, Branch rather, is the person who brought the case.
Kevin JacksonHOST
He says, "The administration is committed to rooting out waste, fraud, and abuse in the federal government, including by prosecuting those who foolishly defraud American taxpayers." He's gonna be a busy guy.
Neil BissonHOST
The ultimate goal here is to have an informed Canadian electorate making decisions with clear understanding of the interests seeking to influence it.
Neil BissonHOST
[outro music] For our final segment this week, we turn to the United States, where a former senior CIA official has pleaded guilty in a fraud scheme involving government funds, luxury properties, and millions of dollars in gold bars.
Neil BissonHOST
David J. Rusch entered his guilty plea to wire fraud on October sixth in the federal court in Alexandria, Virginia.
Neil BissonHOST
According to the US Justice Department, the scheme caused approximately one hundred and ninety-four million US dollars in losses.
Neil BissonHOST
That figure puts the headline of this news article about the gold bars into perspective.
Neil BissonHOST
This was a much broader misuse of government resources than just the acquisition or hoarding of gold.
Neil BissonHOST
Prosecutors say Rusch created fictitious government authorities, including a fabricated special access program, to obtain money for his personal benefit.
Neil BissonHOST
Their secrecy protects legitimate operations, but Rusch used the appearance of such an operation to support fraudulent spending.
Martin BesterHOST
Let's work on that for later in the show this morning.
Martin BesterHOST
Why not? That's like giving away gold bars.
Philicity ReekenHOST
Literally.
Martin BesterHOST
Right?
Toby HowellHOST
Let's sprint to the finish with some final headlines.
Toby HowellHOST
A former CIA officer cooked up a scheme to steal gold bars that feels like a movie plot.
Toby HowellHOST
David Russ pleaded guilty to one count of wire fraud for stealing $193 million in a scheme that involved a real estate, private jets, and nearly 300 gold bars.
Toby HowellHOST
The secret behind Russ' scheme was a classified government program he invented while working at the agency.
Toby HowellHOST
Russ set the program up to be supposedly so top secret that only a handful of people could know about to prevent anyone from double-checking whether it actually existed.
Toby HowellHOST
Russ used the fake program to convince a government contractor to provide $145 million to buy luxury real estate around Palm Beach.
Toby HowellHOST
Russ also convinced people that his program required tens of millions of dollars worth of gold bars, with the government ultimately buying 298 of them for more than $46 million.
Toby HowellHOST
Russ told his colleagues he d- distributed the gold as part of the operation.
Jeff FisherHOST
Yes, I do
Pat GrayHOST
... with the gold bars?
Jeff FisherHOST
Yes.
Pat GrayHOST
He, there was a bunch of gold bars-
Jeff FisherHOST
Yes, yeah
Pat GrayHOST
... at his house.
ChrisPANELIST
[laughs]
Pat GrayHOST
Yeah.
WiresHOST
There's a story about, this is probably the biggest one.
WiresHOST
This is probably the biggest one for the episode, but the ex-CIA officer who stashed gold, he stashed gold bars, he admits to far larger $145 million scam.
WiresHOST
So we have some crooked, you know how we have some crooked cops, right? We have like crooked blue LEO.
WiresHOST
Well, we also have...
WiresHOST
They have too much unchecked power.
WiresHOST
And they run a lot of some of these criminal organizations in different countries.
WiresHOST
A former CIA officer who authorities say stashed hundreds of gold bars in his home admitted in court Tuesday to a far larger weapon deception, including a $145 million scam involving luxury real estate and providing sensitive intelligence to a foreign government official.
WiresHOST
Hang this fucking guy.
MattHOST
So deep in the mountains of southern New Mexico sits a place called Victorio Peak, and for centuries there have been stories of lost mines and Spanish gold and hidden caches and buried fortunes that have just followed this part of the country.
MattHOST
But in 1937, a man named Doc Noss claimed that he found something that made those old legends seem very real, a hidden passage leading deep inside the mountain, where he said he discovered skeletons, strange artifacts, and thousands of gold bars worth an unimaginable fortune.
MattHOST
So tonight we're gonna dig in to the strange story of the Victorio Peak treasure, and try to figure out whether one of America's greatest lost fortunes is still hidden beneath the mountain, or if somebody has already found it.
AdamHOST
Yep.
13 MINS LATER
AdamHOST
But there's no strong evidence that an old tradition specifically said Oñate hid a fortune inside Victorio Peak.
AdamHOST
And there's another problem with blaming any single Spanish expedition.
AdamHOST
The alleged amount of treasure is enormous, so depending on which version you hear, we're talking about thousands of gold bars and potentially dozens of tons of metal.
AdamHOST
Moving even 100 tons of gold with pack animals would require roughly 1,000 200-pound loads.