Former Senior Adviser for the Federal Reserve Indicted on Charges of Economic Espionage

As get deeper into the swamp weeds, these kind of findings will be more forthcoming in weeks and months ahead. Dirty secrets are no longer.

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, allegedly made false statements to the Office of Inspector General for the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau (FRB-OIG), and those false statements had a material impact on its investigation.