Former Fed Adviser Receives Prison Sentence
A former senior adviser to the U.S. Federal Reserve has been sentenced to 38 months in federal prison after being found guilty of making false statements to investigators regarding his connections with individuals linked to Chinese intelligence.
John Harold Rogers, 64, was also ordered to serve 12 months of supervised release after completing his prison term. The sentencing follows a federal court ruling that concluded Rogers deliberately misled investigators during a counterintelligence investigation.
Investigation Focused on Confidential Federal Reserve Information
According to court findings, Rogers worked in the Federal Reserve’s Division of International Finance between 2010 and 2021, giving him access to sensitive, non-public economic and financial information.
Federal prosecutors argued that he shared restricted information with individuals believed to be associated with Chinese intelligence while presenting the interactions as academic exchanges. Investigators later determined that Rogers repeatedly denied these contacts during official interviews, leading to his conviction for making false statements.
Court Rejects Harsher Sentence Request
Prosecutors had requested a five-year prison sentence, citing the seriousness of the case and the national security concerns involved. However, the court imposed a 38-month sentence, along with one year of supervised release.
Earlier this year, a jury convicted Rogers of lying to federal investigators but acquitted him of conspiracy to commit economic espionage, meaning he was not found guilty of the more serious espionage-related charge. The court acknowledged the significance of his position and the risks created by his actions while determining the final sentence.
