The Department of Justice (DOJ) has recently indicted John Harold Rogers, a former senior adviser for the Federal Reserve, on charges of leaking sensitive U.S. trade secrets to China. This development has sent shockwaves through the financial and political communities, highlighting the gravity of the allegations.
Rogers, who served as a senior adviser at the Federal Reserve, is accused of sharing classified economic information with Chinese officials. This information, which included vital trade secrets, could have provided China with an unfair advantage in international financial markets. The DOJ claims that Rogers engaged in this illegal activity over several years, compromising the integrity of U.S. economic policies.
According to the indictment, Rogers allegedly received substantial financial compensation for his actions. He was reportedly paid through a series of complex transactions, amounting to $210 million in what has been described as “dark money.” The funds were funneled through various channels, obscuring their origin and purpose.
The DOJ’s investigation revealed that Rogers had used his position to access and transfer confidential information. He is also charged with making false statements to federal investigators, further complicating his legal standing. The potential consequences of these actions are severe, with Rogers facing up to 20 years in prison if convicted on all counts.
This one will hit close to home…
(The wife of Rogers is from the so-called “Middle Kingdom”)https://t.co/tvbzoNiBKD https://t.co/i5wcFPMrSf pic.twitter.com/PNyyNE6q4F
— Marco Polo (@MarcoPolo501c3) February 1, 2025
Sources:
