Former Fed Adviser Sentenced to 38 Months for Lying to Investigators in China Secrets Case
John Harold Rogers, a former senior adviser to the Federal Reserve Board of Governors, was sentenced to 38 months in prison for lying to federal investigators about sharing confidential monetary policy information with Chinese intelligence operatives. The 64-year-old was convicted on February 3 of making false statements, while acquitted of conspiracy to commit economic espionage. Prosecutors had sought a five-year sentence, but US District Judge Dabney Friederich imposed a 38-month term. Rogers had already served nearly 18 months in custody, which will be credited. The case was announced by Washington US attorney Jeanine Pirro and involved the Inspector General Michael E. Horowitz of the Federal Reserve and Consumer Financial Protection Bureau. Defense lawyers requested no additional jail time beyond time served.
Key facts
- John Harold Rogers was sentenced to 38 months in prison.
- He was convicted of lying to investigators about sharing confidential Federal Reserve data with Chinese operatives.
- The sentencing was announced on Wednesday by Washington US attorney Jeanine Pirro.
- He was acquitted of conspiracy to commit economic espionage.
- Prosecutors sought a five-year sentence; Judge Dabney Friederich imposed 38 months.
- Rogers had already served nearly 18 months in custody, which will be credited.
- Michael E. Horowitz, inspector general for the Federal Reserve and CFPB, commented on the case.
- The case involves the US Department of Justice and the Federal Reserve Board of Governors.
Entities
Institutions
- Federal Reserve Board of Governors
- US Department of Justice
- Consumer Financial Protection Bureau
Locations
- Washington
- United States
- China