Drudge Retort: The Other Side of the News
Saturday, February 01, 2025

John Harold Rogers, 63, of Vienna, Virginia, a former Senior Adviser for the Federal Reserve Board of Governors (FRB), was arrested today on charges that he conspired to steal Federal Reserve trade secrets for the benefit of the People's Republic of China (PRC). In furtherance of the conspiracy, Rogers allegedly made false statements to the Federal Reserve Board Office of Inspector General, and those false statements had a material impact on its investigation. The indictment, unsealed today, was announced by U.S. Attorney Edward R. Martin, Jr., Supervisory Official Devin DeBacker of the Justice Department's National Security Division, FBI Assistant Director in Charge David Sundberg of the Washington Field Office, and John T. Perez, Special Agent in Charge, Headquarters Operations, Office of Inspector General for the Board of Governors of the Federal Reserve System and Consumer Financial Protection Bureau (FRB-CFPB OIG).

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According to the Justice Department, John Harold Rogers received almost $450,000 from Fudan University in Shanghai, China. He was also paid for his flights, hotel, and meals while in China, and even given money for a beach holiday.

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-- Igor Sushko (@igorsushko.bsky.social) January 31, 2025 at 5:29 PM

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More from the cite article ...

... According to the indictment, Rogers, a U.S. citizen with a Ph.D. in Economics, worked as a Senior Adviser in the Division of International Finance of the FRB from 2010 until 2021, where he was entrusted with confidential FRB information.

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. ...


#1 | Posted by LampLighter at 2025-01-31 07:50 PM | Reply

I thought Fat Donnie Failure fired all the FBI agents?

#2 | Posted by LegallyYourDead at 2025-01-31 09:32 PM | Reply

But he has such a winning smile...

#3 | Posted by Wardog at 2025-02-01 08:51 PM | Reply

Now that Trump is canning all the IGs and gutting the FBI...

Idiots like Gravyboat here will have more fauxrage when stuff like this falls through the cracks.

You post this like you give a s*&^, Little Caesars. Yet you vote like you hate this country.

#4 | Posted by jpw at 2025-02-02 01:47 AM | Reply

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