Former senior adviser for the Fed arrested on economic espionage charges
DOJ said Rogers in 2020 "lied about his accessing and passage of sensitive information and his associations with his co-conspirators."
A former Senior Adviser for the Federal Reserve Board of Governors (FRB) has been arrested on economic espionage charges.
John Harold Rogers, 63, of Vienna, Virginia, allegedly "conspired to steal Federal Reserve trade secrets for the benefit of the People’s Republic of China (PRC)," according to a Justice Department news release on Friday.
Devin DeBacker, head of the Justice Department’s National Security Division, said DOJ plans to "use all the tools at its disposal to disrupt economic espionage and protect our national security.”
U.S. Attorney Edward R. Martin Jr. for the District of Columbia said this indictment serves as a "warning to all who seek to betray or exploit the United States," emphasizing that U.S. law enforcement will find offenders and hold them accountable.
“President Trump tasks us with protecting our fellow Americans from all enemies, foreign and domestic,” he said.
DOJ said Rogers in 2020 "lied about his accessing and passage of sensitive information and his associations with his co-conspirators."