A former CIA official has reached a tentative plea agreement after being charged with theft for inflating his salary. Court records show David J. Rush was found with $40 million in U.S. gold bars at his home. A federal judge extended the indictment deadline to Oct. 8 to allow time to finalize the plea deal and avoid a public trial. Rush was charged in May for fraudulently claiming military leave and inflating his salary with false degrees. Investigators seized about 300 gold bars, plus $2 million in cash and luxury watches from his home. His attorney says the federal charge isn't related to the gold bars.

NEW YORK (AP) — A racketeering conspiracy trial of Huawei Technologies began in New York on Wednesday with federal prosecutors accusing the Ch…

A 22-year-old man from Singapore has pleaded guilty to teaming up with friends to steal nearly a quarter-billion dollars in bitcoin from a Washington, D.C., resident and then embarking on a wild spending spree with the laundered proceeds. Malone Lam faces a maximum prison sentence of 20 years after pleading guilty on Tuesday to a federal racketeering conspiracy charge. U.S. District Judge Colleen Kollar-Kotelly didn’t immediately schedule Lam’s sentencing. Prosecutors say Lam was an organizer for a network of young men who carried out a string of crypto scams. In August 2024, Lam and others used “social engineering” techniques to dupe Washington man out of bitcoin worth over $245 million.

A 22-year-old man from Singapore is expected to plead guilty this week in Washington to orchestrating one of the largest cryptocurrency thefts in U.S. history, duping a stranger out of bitcoin worth over $240 million. Malone Lam's conviction would be a major milestone in a case that already has led to guilty pleas by several co-conspirators. The scammers who duped a man into turning over the virtual keys to his crypto holdings celebrated the August 2024 heist by embarking on a wild spending spree. The case is an extreme example of an increasingly common form of cybercrime at a time when the Trump administration is relaxing industry regulation.