Breaking News
June 15, 2025 - Club World Cup: Inter Miami and Al Ahly Open Tournament with Stalemate June 15, 2025 - Liverpool's Andy Robertson Open to Atletico Madrid Move Amid Transfer Rumors June 14, 2025 - Manchester United Debunks 'Man United Tax' Myth in Transfer Deals June 13, 2025 - Exploring the Significance of the Expanded FIFA Club World Cup June 13, 2025 - Paul Pogba in Advanced Talks with AS Monaco for Football Return June 13, 2025 - Barcelona to Sign Joan García from Espanyol for €25 Million June 13, 2025 - Manchester City Yet to Receive Formal Offer for Jack Grealish Despite Transfer Availability June 13, 2025 - 2025 FIFA Club World Cup Preview: Team Previews, Players, and Predictions June 13, 2025 - Real Madrid Signs River Plate Star Franco Mastantuono June 13, 2025 - Liverpool Agrees £116m Deal for Florian Wirtz Transfer
  • HotRecentNews.com
  • World
  • Politics
  • Sports
  • Entertainment
  • Science
  • Technology
  • Health
HotRecentNews.com
Menu
  • World

  • Politics

  • Sports

  • Entertainment

  • Science

  • Technology

  • Health

Home / World / Former Fed Advisor Arrested for Economic Espionage

Former Fed Advisor Arrested for Economic Espionage

Former Fed Advisor Arrested for Economic Espionage
No Comments 16
Facebook X
World February 1, 2025 01:30

usa - Former senior advisor of the Federal Reserve arrested for allegedly stealing trade secrets for China.

Former Fed Advisor Arrested for Economic Espionage

The former senior advisor of the Federal Reserve, John Harold Rogers, has been arrested on charges of conspiring to steal trade secrets for the benefit of China. Rogers, who served as a senior advisor at the Fed from 2010 to 2021, is accused of sharing confidential information with Chinese collaborators posing as intelligence and security agents for China, including a graduate student at a university in China.

The statement from the US Department of Justice highlighted that Rogers' actions could potentially allow China to manipulate the US market, given China's significant holdings of US foreign debt. By sharing data with his accomplices, Rogers could provide China with an advantage in buying or selling US securities, including US Treasury bonds.

It was alleged that Rogers took advantage of his position at the Fed to transfer information to his personal email account or prepare for meetings with his partners before traveling to China. The statement also mentioned that Rogers received approximately $450,000 for working as a part-time professor at a Chinese university in 2023.

Accused of conspiracy to commit economic espionage and making false statements, Rogers could face up to 15 years in prison and a $5 million fine for economic espionage, and up to 5 years in prison for making false statements.

NEW TikTok Removes #SkinnyTok Worldwide After Pressure from Brussels and Paris

Leave a comment Cancel

reload

Trending Now

  • Today
  • Yesterday
  • Month
  • Comments
  • 1

    USA vs. Trinidad and Tobago Concacaf Gold Cup Live Updates

    June 16, 2025
  • 2

    United States Dominates Trinidad and Tobago in Gold Cup Opener

    June 16, 2025
  • 3

    Real Madrid Eye Trio of Transfer Targets Including Liverpool's Konate

    June 16, 2025
  • 4

    Malik Tillman Leads USMNT to Victory in 2025 Gold Cup Opener

    June 16, 2025
  • 1

    Tottenham to Sign Mathys Tel from Bayern Munich in Permanent Transfer Deal

    June 15, 2025
  • 2

    Tottenham Signs Mathys Tel on Permanent Transfer from Bayern Munich

    June 15, 2025
  • 3

    Liverpool's Robertson Open to Atletico Madrid Move, Transfer News Update

    June 15, 2025
  • 4

    Auckland City, the Amateur Team Facing Giants at Club World Cup

    June 15, 2025
  • 5

    Chelsea Squad Evaluation: Keep or Sell Players for the Upcoming Season

    June 15, 2025
  • 1

    Gigantic 'Bird-Like Object' Spotted Near the Sun by Russian Astronomers

    May 26, 2025
  • 2

    Ukraine's Operation Spiderweb Strikes Russian Air Bases, Tensions Rise

    June 2, 2025
  • 3

    Polish Paradox: New President Karol Nawrocki's Eurosceptic Stance Challenges Brussels

    June 2, 2025
  • 4

    Polish Prime Minister Tusk Requests Confidence Vote After Election Loss

    June 2, 2025
  • 5

    Spain Defeats France in Thrilling 9-Goal Match to Advance to Nations League Final

    June 5, 2025
Hot Recent News
The HOTRECENTNEWS.com is not responsible for the content of external sites.

SEARCH

  • World News

Back to Top