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 the People's Republic of China, the Justice Department announced Friday.

John Harold Rogers, a former senior advisor to the Federal Reserve, has been arrested on charges of conspiring to steal trade secrets for China's benefit. Rogers is accused of sharing confidential information with Chinese contacts and faces charges of economic espionage and making false statements.

Senior Adviser John Harold Rogers, 63, of Vienna, Virginia, was detained today on suspicion of plotting to steal trade secrets from the Federal Reserve for the People's Republic of China (PRC), according to a press release by the United States Attorney's Office.

John Harold Rogers, who worked as a senior adviser in the Fed board’s international finance division from 2010 until 2021, was charged with conspiracy to commit economic espionage and with making false statements, according to an indictment from the Department of Justice.

John Harold Rogers, a former senior adviser at the U.S. Federal Reserve, has been arrested for allegedly conspiring to steal confidential trade secrets for China. Rogers shared sensitive information with Chinese co-conspirators impersonating graduate students.

Former Federal Reserve senior adviser John Harold Rogers was arrested for allegedly conspiring with Chinese officials to steal trade secrets and indicted on espionage charges.