John Harold Rogers, a former senior adviser for the Federal Reserve Board of Governors, was sentenced to 38 months in prison for lying to federal investigators about sharing confidential Fed data with Chinese intelligence operatives, multiple outlets reported.
Rogers, 64, was convicted at trial on February 3 of making false statements to investigators, though he was acquitted of a conspiracy to commit economic espionage charge.
Bloomberg reported that prosecutors had sought a five-year sentence, while defense lawyers requested no additional jail time beyond the nearly 18 months Rogers already served in custody, which will be credited toward his sentence.
Michael E. Horowitz, inspector general for the Fed's Board of Governors and the Consumer Financial Protection Bureau, said Rogers deliberately lied to investigators to conceal sharing restricted, non-public Fed information with Chinese intelligence agents.
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