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Chinese Spy Blackmailed Former Senior Fed Official

The use of a government phone makes the case a security matter for the central bank, rather than a monetary-policy development.

Chinese Spy Blackmailed Former Senior Fed Official
Chinese Spy Blackmailed Former Senior Fed Official

A former senior Federal Reserve official was blackmailed by a Chinese spy after using an Asian dating site and sending nude photos from a government phone.

The use of a government device is the security concern at the center of the case. The account concerns the official's conduct, not a Federal Reserve policy decision.

Frequently asked questions

  1. What online activity preceded the blackmail?

    The former Federal Reserve official had used an Asian dating site.

  2. What did the official send?

    The official sent nude photos.

  3. What device did the official use to send the photos?

    The photos were sent from a government phone.

  4. Why is the government phone significant?

    Its use makes the incident a government-device security concern.

  5. Is this a Federal Reserve policy development?

    No. The account concerns a former official's conduct, not a monetary-policy decision.

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