Ex-senior Federal Reserve advisor charged with economic espionage to benefit China

DonGlock26

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Ex-senior Federal Reserve advisor charged with economic espionage to benefit China



A former senior advisor for the Federal Reserve was arrested on charges that he conspired to steal Fed trade secrets for the benefit of China.
The data that advisor John Harold Rogers shared with his co-conspirators could allow China to manipulate the U.S. market “in a manner similar to insider trading,” the Department of Justice said.

The information Rogers allegedly sought as part of the scheme included “sensitive information about the Federal Open Market Committee,” whose interest rate decisions have broad market effects.


A former senior advisor for the Federal Reserve was arrested Friday on charges that he conspired to steal Fed trade secrets for the benefit of China.

The data that the advisor John Harold Rogers allegedly shared with his co-conspirators could allow China to manipulate the U.S. market “in a manner similar to insider trading,” according to the U.S. Attorney’s Office in Washington, D.C.

“Gaining advance knowledge of U.S. economic policy, including advance knowledge of changes to the federal funds rate, could provide China with an advantage when selling or buying U.S. bonds or securities,” the office said. Prosecutors noted that China holds about $816 billion of U.S. government debt.



I think the amount of Chinese spying going on in the US would shock the public. If we don't take the Chinese seriously, we may get another Pearl Harbor or worse.
 
I know!!!.... let's go to Amazon and buy more Chinese products!!!!!!!!!!!
And then go to Walmart and buy more!!!!!

That will teach them!!!!
 
I know!!!.... let's go to Amazon and buy more Chinese products!!!!!!!!!!!
And then go to Walmart and buy more!!!!!

That will teach them!!!!

Fun Fact: Hillary was on the Walmart board as they began to flood the US with Chinese junk.
 
" Federal Reserve Of Organized Crime "

* Automatic Life Sentences For Soft Treason *

I think the amount of Chinese spying going on in the US would shock the public. If we don't take the Chinese seriously, we may get another Pearl Harbor or worse.
The chinese government would execute him .

In the us , embezzlers , financial thieves and national interest sell outs are patted on the head for committing clever crimes .

It remains a mystery as to why the 12 federal reserve banks share 6% dividends from all profits earned on lending through federal bond creation .
 
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