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Former Federal Reserve Adviser Indicted on Espionage Charges
RedState ^ | 1/31/25 | Susie Moore

Posted on 01/31/2025 3:29:34 PM PST by CFW

Acting U.S. Attorney for the District of Columbia Ed Martin announced Friday that the Department of Justice has indicted a former senior adviser for the Federal Reserve on espionage charges.

Sixty-three-year-old John Harold Rogers of Virginia was arrested Friday and charged with conspiracy to commit economic espionage and with making false statements. Rogers allegedly conspired to steal FRB trade secrets in order to aid China.

From the DOJ website:

John Harold Rogers, 63, of Vienna, Virginia, a former Senior Adviser for the Federal Reserve Board of Governors (FRB), was arrested today on charges that he conspired to steal Federal Reserve trade secrets for the benefit of the People’s Republic of China (PRC).

In furtherance of the conspiracy, Rogers allegedly made false statements to the Federal Reserve Board Office of Inspector General, and those false statements had a material impact on its investigation.

The indictment, unsealed today, was announced by U.S. Attorney Edward R. Martin, Jr., FBI Assistant Director in Charge David Sundberg of the Washington Field Office, and John T. Perez, Special Agent in Charge, Headquarters Operations, Office of Inspector General for the Board of Governors of the Federal Reserve System and Consumer Financial Protection Bureau (FRB-CFPB OIG).

[snip]

In 2023, Rogers was paid approximately $450,000 USD as a part-time professor at a Chinese university.

On February 4, 2020, in response to questioning by the Office of the Inspector General for the Federal Reserve Board, Rogers lied about his accessing and passage of sensitive information and his associations with his co-conspirators.

Rogers is charged with conspiracy to commit economic espionage and with making false statements. Conspiracy to commit economic espionage carries a maximum statutory penalty of 15 years in prison, and a maximum fine of $5 million. Making false statements carries a maximum statutory penalty of five years in prison.

(Excerpt) Read more at redstate.com ...


TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: chicoms; china; corruption; espionage; fafo; federalreserve; spying
Espionage at the Federal Reserve.

I wonder if the big guy got his 10%?

1 posted on 01/31/2025 3:29:34 PM PST by CFW
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To: CFW

Think of all the ones who have not been caught.


2 posted on 01/31/2025 3:32:17 PM PST by pas
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To: CFW

450k$ for a part-time professor job in China?
This smells bad.

In America, part-time professors have a rough time, often teaching at several different institutions to cobble together enough money to pay the rent. And they don’t have any job security or benefits.


3 posted on 01/31/2025 3:40:25 PM PST by married21 (As for me and my house, we will serve the Lord.)
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To: CFW

btt


4 posted on 01/31/2025 3:45:01 PM PST by GailA (WELCOME BACK JESUS AND PRESIDENT TRUMP & FLOTUS MELINIA.)
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To: married21

This is more akin to Hunter Biden, who had no special expertise in petroleum, finance, nor corporate governance, getting paid $1 million a year as a Burisma board member.


5 posted on 01/31/2025 4:30:15 PM PST by FreedomPoster (Islam delenda est)
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To: CFW

“Rogers allegedly conspired to steal FRB trade secrets in order to aid China.”

Such as how to print money but convince the masses that it’s real?


6 posted on 01/31/2025 4:33:52 PM PST by BobL
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To: CFW

Tip of the iceberg, I’m sure.

Go, Trump, go.


7 posted on 01/31/2025 8:08:22 PM PST by simpson96
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