Ex-Federal Reserve adviser arrested for passing trade secrets to China

A former senior advisor to the Federal Reserve, John Harold Rogers, was arrested on charges he conspired to steal Fed trade secrets for the benefit of China, the Justice Department announced on Friday.

Rogers, who worked as a senior adviser in the Fed's division of international finance from 2010 until 2021, allegedly shared confidential information with Chinese co-conspirators who worked for the intelligence and security apparatus of China and posed as graduate students.

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