He Gave Fed Secrets to China. So Why Was He Cleared of Espionage?

A former Federal Reserve adviser shared restricted information with contacts tied by U.S. authorities to Chinese intelligence. The case involved secret meetings in China, money, a mysterious romance—and even nude photos.

Prosecutors accused John Harold Rogers of conspiring to commit economic espionage. But after hearing the evidence, the jury acquitted him of that charge and convicted him only of lying to investigators.

So was Rogers knowingly helping Chinese intelligence—or was he manipulated? This is the extraordinary story behind one of the strangest espionage cases to hit the Federal Reserve.

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