The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has introduced a new confidential webpage for whistleblowers to report tips on fraud, money laundering, and sanctions violations.
Last month in Minnesota, Secretary of the Treasury Scott Bessent announced this initiative as part of broader efforts to address government benefits fraud. According to Bessent, these schemes have resulted in significant losses for taxpayers. The department will offer financial rewards to eligible individuals who provide actionable information.
In addition to launching the whistleblower program, Secretary Bessent outlined several measures aimed at combating fraud. These include investigations into Money Services Businesses, enhanced reporting mechanisms to speed up prosecutions and recover laundered funds, notifications to financial institutions about fraudulent activities targeting child nutrition programs, and specialized training for law enforcement on using financial data against complex fraud operations. The Internal Revenue Service also plans to establish a dedicated task force focused on addressing misuse of funding by 501(c)(3) tax-exempt organizations.
“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. At Treasury, we follow the money. We did it with the mafia, we have done it with the cartels, and we’re doing it with the Somali fraudsters,” said Secretary of the Treasury Scott Bessent. “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.”
FinCEN’s Office of the Whistleblower is now accepting reports related to violations or conspiracies involving laws such as the Bank Secrecy Act and U.S. sanctions programs—regulations seen as essential for protecting both national security and the country’s financial system. Whistleblowers may qualify for monetary awards if their submissions result in successful enforcement actions.
Individuals are encouraged by FinCEN officials to submit detailed documentation promptly if they suspect wrongdoing. More details about submitting tips can be found at fincen.gov/whistleblower.
