Former senior advisor Federal preparation system On Friday, he was arrested for being accused of stealing Fed’s corporate secrets for Chinese interests.
Data, which is said to have been shared by advisor John Halold Rogers with the conspiracy and the conspiracy, can operate the US market “in the same way as insider transactions.” Washington DC US lawyer office
“Gaining prior knowledge of US economic policy, including prior knowledge of federal funding rates, may be advantageous to China when selling or purchasing US bonds or securities.” Was described. Prosecutors said that China had about $ 816 billion US government debt.
Prosecutors, a member of Rogers’s two conspirators, was a member of the Chinese Intelligence reporting device, pretending to be a graduate student in a university in that country.
The consumer gave him a gift, gave Rogers beach vacation and paying, and during his visit to China, his air fare, accommodation, meal arrangements and payments. Retired from Fed.
Rogers, 63 -year -old Virginia, was a resident who had a Ph.D. in economics. Prosecuted In the DC Federal Court, the conspiracy accusation of committing an economic spy and making false statements. He is facing the biggest sentence of 15 years in prison if he was convicted of a spy charge.
Rogers appeared in court on Friday, and at the request of a prosecutor, the security judge ordered him to be temporarily detained without a bond during the plans for Tuesday and the suspension of the detention hearing.
The Federal Reserve refused to comment on CNBC when asked about Rogers’s arrest.
The CNBC requested a comment from the federal defender assigned to represent Rogers.
The case was announced on the same day that the White House said on Saturday that President Donald Trump would impose China, Canada and Mexico.
Rogers said that he had been working as a senior advisor to the Federal Reserve Council’s International Financial Division from 2010 to 2021.
According to prosecutors, as part of the job, he was “entrusted with confidential Fed information.”
Since 2018, Rogers said, “The secret information of the Ministry of Trading’s Trade Dataset, Discards on Customs Targets for China, explanations of books for the designated governor, and delicate federal governments’ public market committees. It is said that it has been promoting the deliberations and future announcements, “The The The The The The The The The The Delivation has been”. The US lawyer office said.
FOMC We are in charge of the federal funding rate -Interest rate banks will request each other for short -term loans. FOMC’s decision on the rate can have a significant impact on US financial markets.
The prosecution accuses him from his personal e -mail, violating the Fed’s policy, giving it electronically or printing it before traveling to China to meet the conspiracy. I will do it.
“In pretending to teach” class “, Rogers met his conspirators in a room in a hotel in China, where he conveyed information about the Ministry of Trade, delicate, belonging to the FRB and FOMC,” said the US Power of Authority. Ta.
In 2023, Rogers has paid about $ 450,000 as a part -time worker at a university in China.
In February 2020, in response to questions from the Fed General Office, the Central Bank’s internal watchdog, Rogers, “Rogers accesses and passes the relevance of his sensitive information and his conspiracy. I lied. “
According to the FBI Assistant Director in the Washington Office David Sandberg, “The Chinese Communist Party will weaken the United States and become the only superpower, targets US government financial policy and corporate secrets. We have expanded the economic spy campaign. “
It was said that Sandberg was being kicked out of the FBI on Thursday, NBC News On Friday, we quoted the information sources of two advanced law executive organizations.
His departure is part of Top FBI Executive Purge Leadership of the new Trump administration field office.
