America caught former Federal Reserve advisor John Rodgers on charges of espionage

Last updated:February 02, 2025, 22:29 IST

Senior US advisor was selling confidential information to China. He used to take a bribe amount in the name of sitting in a hotel in China. However, all his cunning was left and the US intelligence department arrested him and …Read more

John Harald Rogers, senior advisor to the US Federal Reserve System, was selling confidential information to China. (File photo)

The US has arrested John Harold Roders, who was senior advisor in the international department of his Federal Reserve System, for spying for China. According to the information, the Rodgers worked in the International Department of Federal Reserve from 2010 to 2021, where they had access to confidential information.

It is alleged that Chinese intelligence agencies trapped the Rodgers in their trap. In return, the data shared by the Rogers with Chinese officials could give China a chance to manipulate the US market. This important information also included the US economic policy, so that China could benefit from selling or buying American bonds or securities.

According to the charge sheet of US security agencies, the Roders sent these information electronically in their individual emails, which was against FRB rules. The Roders kept cheating on their intelligence agency and kept saying that they are going to give lectures in China. It is alleged that under the guise of the lecture, Rodgers used to conspiracy by sitting in a Chinese hotel room and transported secret American information to the Chinese authorities.

American investigative agencies claim that in 2023, Rogers were paid about four and a half million US dollars as part -time professors at a Chinese University. The charge sheet also states that the Roders were questioned by the Inspector General of Federal Board on suspicion in 2020, but they misled their senior officials. American investigating agencies have accused the Roders of plotting to espion of economic and making false statements. A conspiracy to spy financial spy can lead to a maximum sentence of 15 years and a fine of $ 5 million.