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Former Senior Adviser to the Federal Reserve John Rogers Arrested for Leaking Trade Secrets to China in Shocking Espionage Scandal
https://www.thegatewaypundit.com ^ | 1/31/2025 | jim hoft

Posted on 01/31/2025 6:47:10 PM PST by bitt

Former senior adviser to the Federal Reserve, John Harold Rogers, has been arrested on charges of leaking classified trade secrets to the People’s Republic of China, DOJ says.

Rogers, 63, of Vienna, Virginia, served as a senior adviser in the Federal Reserve’s international finance division from 2010 until his retirement in 2021.

During his tenure, he had access to confidential information, including proprietary economic data, deliberations on tariffs targeting China, and sensitive insights into the Federal Open Market Committee’s (FOMC) forthcoming announcements.

According to the indictment, Rogers began exploiting his position as early as 2018, soliciting and transmitting trade-secret information to individuals linked to China’s intelligence apparatus.

These co-conspirators, masquerading as graduate students, allegedly lured Rogers with gifts, an all-expenses-paid beach vacation, and lucrative teaching opportunities at Fudan University in Shanghai, where he was compensated approximately $450,000 as a part-time professor in 2023.

Read the press release below:

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, allegedly made false statements to the Office of Inspector General for the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau (FRB-OIG), and those false statements had a material impact on its investigation.

“As alleged, the defendant violated the trust placed in him by the Federal Reserve Bank by putting U.S. trade secrets in the hands of his PRC co-conspirators, knowing full well that such information would benefit the PRC Government and PRC instrumentalities,” said Devin DeBacker, head of the Justice Department’s National Security Division. “The Justice Department will continue to use all the tools at its disposal to disrupt economic espionage and protect our national security.”

...more


TOPICS: Business/Economy; Crime/Corruption; Extended News; Foreign Affairs
KEYWORDS: china; federalreserve; johnharoldrogers; johnrogers
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1 posted on 01/31/2025 6:47:10 PM PST by bitt
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To: null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; bitt; ...

p


2 posted on 01/31/2025 6:47:24 PM PST by bitt (<img src=' 'width=40%>)
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To: bitt

Firing squad.
Send a message to these traitors.


3 posted on 01/31/2025 6:48:59 PM PST by dadgum (Trump 2024)
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To: bitt

easy Mark. Someone in China got a promotion.

Time to disappear all these people.


4 posted on 01/31/2025 6:50:09 PM PST by Karliner (Heb 4:12 Rom 8:28 Rev 3, "...This is the end of the beginning." Churchill)
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To: dadgum

Yup. There are still AUMFs in force: military tribunal, conviction, firing squad. Should take about 8 weeks, just like the German saboteurs in WWII.


5 posted on 01/31/2025 6:51:17 PM PST by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )
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To: bitt

Hang him.


6 posted on 01/31/2025 6:51:55 PM PST by Midwesterner53
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To: dadgum

What do you think would happen to his Chinese counterpart?


7 posted on 01/31/2025 6:52:34 PM PST by henkster ("The masses are too stupid to understand our enlightened leadership" said every Marxist ever)
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To: bitt

I doubt this would have happened a couple weeks ago.


8 posted on 01/31/2025 7:19:28 PM PST by metmom (He who testifies to these things says, “Surely I am coming soon." Amen. Come, Lord Jesus)
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To: bitt
***According to the indictment, Rogers began exploiting his position as early as 2018***

Early in the first Trump Administration! Another Deep State anti-Trump hyena like Gen Milley confident that he was doing the 'right thing'!

9 posted on 01/31/2025 7:20:01 PM PST by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
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To: metmom

I know what you mean!


10 posted on 01/31/2025 7:32:51 PM PST by bitt (<img src=' 'width=40%>)
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To: bitt

*


11 posted on 01/31/2025 7:37:40 PM PST by Taffini ( Mr. Pippen and Mr. Waffles do not approve and neither do I)
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To: bitt

btt


12 posted on 01/31/2025 7:45:49 PM PST by GailA (WELCOME BACK JESUS AND PRESIDENT TRUMP & FLOTUS MELINIA.)
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To: Midwesterner53
Hang him.

But waterboard him first.

13 posted on 01/31/2025 7:55:43 PM PST by Newbomb Turk
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To: bitt
heres the official press release:

https://www.justice.gov/opa/pr/former-senior-adviser-federal-reserve-indicted-charges-economic-espionage Heres a clip from the link above:

Former Senior Adviser for the Federal Reserve Indicted on Charges of Economic Espionage

Friday, January 31, 2025 Office of Public Affairs

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, allegedly made false statements to the Office of Inspector General for the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau (FRB-OIG), and those false statements had a material impact on its investigation.

“As alleged, the defendant violated the trust placed in him by the Federal Reserve Bank by putting U.S. trade secrets in the hands of his PRC co-conspirators, knowing full well that such information would benefit the PRC Government and PRC instrumentalities,” said Devin DeBacker, head of the Justice Department’s National Security Division. “The Justice Department will continue to use all the tools at its disposal to disrupt economic espionage and protect our national security.”

“President Trump tasks us with protecting our fellow Americans from all enemies, foreign and domestic. As alleged in the indictment, this defendant leveraged his position within the Federal Reserve to pass sensitive financial information to the Chinese government, a designated adversary,” said U.S. Attorney Edward R. Martin Jr. for the District of Columbia. “Let this indictment serve as a warning to all who seek to betray or exploit the United States: law enforcement will find you and hold you accountable.”

14 posted on 02/01/2025 3:28:16 AM PST by rodguy911 (HOME OF THE FREE BECAUSE OF THE BRAVE!! ITS ALL A CONSPIRACY: UNTIL ITS NOT))
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Comment #15 Removed by Moderator

Comment #16 Removed by Moderator

Can’t be the same guy - that’s Massachusetts


17 posted on 02/01/2025 3:36:53 AM PST by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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Comment #18 Removed by Moderator

Good gosh - so many with similar names - sigh - appears that THIS is the right guy



Looks like sign-in required though

https://www.timesnownews.com/world/us/us-news/who-is-john-harold-rogers-former-federal-reserve-adviser-arrested-for-leaking-trade-secrets-to-china-article-117804069
19 posted on 02/01/2025 3:47:51 AM PST by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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https://x.com/BNONews/status/1885439619405169017


20 posted on 02/01/2025 3:48:33 AM PST by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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