US Charges Former Fed Official With Spying For China [View all]
AFP NEWS
US Charges Former Fed Official With Spying For China
By AFP - Agence France Presse
Jan 31, 2025 4:11 pm EST
ADDS background, comment from FBI
US prosecutors announced Friday that they have charged a former Federal Reserve advisor with spying on behalf of China while posing as a part-time lecturer at a local university.
The Department of Justice (DOJ) said it had charged John Harold Rogers, a 63-year-old US national, with spying for Beijing while employed as a senior advisor at the Federal Reserve Board of Governors (FRB) Division of International Finance between 2010 and 2021.
The indictment, unsealed Friday, said Rogers had leaked secret information from the Fed's board and its powerful rate-setting committee.
"The confidential information that Rogers allegedly shared with his Chinese co-conspirators, who worked for the intelligence and security apparatus of China and who posed as graduate students at a PRC university, is economically valuable when secret," the DOJ said in a statement.
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