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The former head clerk of the federal reserve system was arrested on Friday after the US prosecutors were charged with the handover of economic secrets to China.
John Rogers, head of the Advisor in the Fed International Financing International Financing in 2010-21, used his position to access sensitive data on tariffs, briefing, briefing and political debates and announcements, accused on Friday at the Federal Court in Washington.
Rogers, 63, from Virginia, were charged with transferring sensitive information to his personal e -mail account before printed and handed them over to Chinese officials disguised as postgraduate students. He also used encrypted messages to communicate with Chinese officials.
The Ministry of Justice said on Friday that Rogers “under the guise of teaching” classes “met with their conspirators in Chinese hotel rooms where they gave them sensitive trade secret information that belonged to Fed.
He added that the economist was paid by about $ 450,000 as a part -time professor at the Fudan University in China.
Rogers' lawyer could not be immediately addressed.
The accusation is the latest in a growing number of cases where officials from all over the US government – and especially agencies such as the CIA and the army – were accused of providing sensitive or secret information to the Chinese government.
In recent years, the Ministry of Justice has also become publicly emphasized by cases to underline the threat of Chinese spy. Washington accused Chinese hackers of attacking American telecommunications networks in a massive and extended campaign that allowed perpetrators to access US officials interviews.
The Chinese Embassy in Washington said it was not “known” with the specifics of the Rogers case, but said that China “adheres to the rule of law”.
“Against any coating and attack on China with so -called” spy risks “,” the embassy added.
The Chinese government is one of the largest global holders of US government bonds. Interest rates and signals on future currency policy movements can also affect US treasures and are among the most monitored reports on global financial markets.
The US Treasury issues show that China has officially held $ 768.6 billion since November, making it the second largest foreign holder in Japan.
Accusations claim that sensitive information was shared from “at least 2018” with alleged Chinese conspirators “who worked for Chinese intelligence and security apparatus and who represented postgraduate students on and [Chinese] university”.
Fed refused to comment.
Rogers, who speaks of limited Chinese, discussed the teaching topics that would seem “legitimate in the eyes of the Fed”, according to encrypted messages exchanged with his alleged conspirator, who were quoted in the accusation.
Rogers' travel was covered by his Chinese counterparts. “[D]Don't worry about travel costs. . . Do not lose money, but we can bear all the necessary costs, you can choose a convenient and convenient way for the trip, ”said the conspirator together in the report included in the indictment.
The trade secrets in the core of the case reportedly include the assessment of the European Central Bank announcement, briefing remarks for the FED board member and a document entitled “Briefing Pre-FomC” -Vš from 2019.
In 2020, Rogers lied to the Office of the General Inspector of the Fed, asking about his approach and sharing sensitive material, prosecutors said.
