Bipoc News

Ex-Federal Reserve adviser Rogers arrested for passing trade secrets to China

WASHINGTON (Reuters) -A former senior adviser to the U.S. Federal Reserve, John Harold Rogers, was arrested on charges he conspired to steal Fed trade secrets for the benefit of China, the Justice Department announced on Friday.

Rogers, who worked as a senior adviser in the Fed’s division of international finance from 2010 until 2021, allegedly shared confidential information with Chinese co-conspirators who worked for the intelligence and security apparatus of China and posed as graduate students.

A judge ordered Rogers to be held until a detention hearing next Tuesday, according to a U.S. Attorney’s office spokesperson.

Trusted news and daily delights, right in your inbox

See for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories.

A Federal Reserve spokesman declined to comment. An attorney for Rogers did not immediately respond to a request for comment.

A Chinese Embassy spokesperson said the…

Read more…

Leave a Comment

Your email address will not be published. Required fields are marked *