HUNT VALLEY, Md. (TNND) — The Treasury has launched a new webpage to accept whistleblower tips about financial offenses.
Its financial crimes enforcement network, or FinCEN, is encouraging people with knowledge of illegal activity to submit information through fincen.gov/whistleblower. Rewards may be issued for tips that lead to enforcement actions worth at least $1 million in penalties.
“President Trump has been clear that Americans have a right to know that their tax dollars are not being diverted to fund acts of global terror or to fund luxury cars for fraudsters,” Secretary Scott Bessent said in a statement.
“We are going to offer whistleblower payments to anyone who wants to tell us the who, what, when, where, and how this fraud and money laundering has occurred,” he added.
The Trump administration has sought to publicize the widespread fraud that has taken place in Minnesota, one of the Democratic-run states that has been targeted by the president. Dozens of residents, most of whom have Somali backgrounds, have stolen billions of dollars from federally funded state programs, according to the Department of Justice.
“At Treasury, we follow the money,” Bessent said. “We did it with the mafia, we have done it with the cartels, and we’re doing it with the Somali fraudsters.”
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