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Former high-ranking federal official pleads guilty to $194 million government fraud

Fortune ·

  1. 1Former high-ranking federal official David J. Rush pleaded guilty to defrauding the government.
  2. 2The government losses resulting from the fraud amount to approximately $193.6 million.
  3. 3The minimum amount David J. Rush must pay in restitution is over $195.4 million.

So what's the key point?

Former government official David J. Rush admitted to deceiving the government. He is required to pay approximately $194 million.

Source Fortune · View original ↗

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