CIA officer found with $40 million in gold bars in his basement reaches tentative plea agreement

Federal prosecutors said on Friday that they reached a tentative plea deal with a former CIA officer who was found with more than $40 million in gold bars in the basement of his Virginia home. 

According to U.S. officials, David J. Rush, who was an officer in the agency's science and technology division, created a false classified program that only a few people were allowed to know about. The program allowed him to accumulate the gold bars. He was arrested on May 19 after FBI agents found 303 gold bars and nearly three dozen luxury watches in his home, the New York Times reported. 

A court filing seeking an extension of time to file an indictment states that government lawyers and Rush's attorney told a federal district court in Virginia that a "preindictment resolution promotes the public interest." Part of the reason, the attorneys explained, is the extensive hurdles that dealing with classified material might create to a trial.

“The parties have made significant progress and have a plea agreement in principle that would resolve the matter prior to an indictment,” the government and defense lawyers wrote in a joint filing to the court.

In a court filing, the lawyers for the government and Rush's attorney asked the court to give them until Oct. 8 to reach an agreement.