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
p
Firing squad.
Send a message to these traitors.
easy Mark. Someone in China got a promotion.
Time to disappear all these people.
Yup. There are still AUMFs in force: military tribunal, conviction, firing squad. Should take about 8 weeks, just like the German saboteurs in WWII.
Hang him.
What do you think would happen to his Chinese counterpart?
I doubt this would have happened a couple weeks ago.
Early in the first Trump Administration! Another Deep State anti-Trump hyena like Gen Milley confident that he was doing the 'right thing'!
I know what you mean!
*
btt
But waterboard him first.
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.”
Can’t be the same guy - that’s Massachusetts
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.