Former CIA Officer Held $40 Million in Gold Bars at Virginia Home

A former CIA officer kept 303 one-kilogram gold bars, $2 million in cash, and about 35 luxury watches at a Virginia home, according to an FBI affidavit. The FBI raided the Auburn residence on May 18 and arrested the officer the next day. He had worked at the agency for 17 years.

Court documents state the officer created a bogus special access program labeled for continuity of government operations. Two colleagues were brought into the program and one was directed to transfer bullion through a fraudulent government contract.

The same documents allege the officer fabricated military service records and academic credentials from Clemson University and Rensselaer Polytechnic Institute.

At a hearing on Friday, a judge in the U.S.

District Court for the Eastern District of Virginia ruled the officer a flight risk and ordered continued detention. Prosecutors described the officer as a master manipulator who also posed as a doctor. The New York Times, citing two people familiar with the investigation, reported the special access program was used to conceal the movement of government funds.