
Former Fed Advisor John Rogers Convicted of Lying to Investigators in Chinese Espionage Case
John Rogers, a former senior Federal Reserve advisor, was sentenced to 38 months in prison after a jury found him guilty of making false statements to investigators. Although acquitted of economic espionage, prosecutors alleged he passed sensitive monetary policy data to a Chinese intelligence agent over a decade. The case highlights significant security vulnerabilities within the Federal Reserve, prompting internal reviews of asset protection and insider risk management.


