The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) on Friday published a new, dedicated webpage to confidentially receive whistleblower submissions related to fraud, money laundering and breaches of U.S. sanctions.
Treasury Secretary Scott Bessent said the department will provide monetary awards for eligible tips that lead to enforcement actions. He presented the initiative as part of a broader push to disrupt schemes that divert public funds, noting recent work to support efforts against government benefits fraud.
"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," said Bessent. "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."
Bessent’s announcement follows his visit to Minnesota last month, where he promoted President Trump’s push to counter government benefits fraud schemes that have reportedly cost taxpayers billions of dollars. During that visit, the Treasury Secretary introduced several supplemental anti-fraud measures.
Those measures include investigations of Money Services Businesses, enhanced reporting procedures intended to speed prosecutions, alerts to financial institutions about fraud rings exploiting child nutrition programs, and expanded law enforcement training. As part of the package, the Internal Revenue Service will stand up a dedicated fraud task force focused on alleged misuse of funds by 501(c)(3) tax-exempt organizations.
FinCEN’s Office of the Whistleblower is now accepting tips that relate to violations of the Bank Secrecy Act, U.S. sanctions programs, and other statutes designed to protect the integrity of the U.S. financial system. Individuals who provide credible information and documentation may qualify for awards if their submissions lead to successful enforcement outcomes.
Authorities urge potential whistleblowers to submit detailed information and supporting documentation as soon as possible to strengthen the utility of a tip. More information about the program and the process for submitting tips is available at fincen.gov/whistleblower.
Implications and context
The new FinCEN webpage centralizes confidential reporting and adds an incentive component for insiders and others to come forward. The package of measures unveiled alongside the whistleblower portal signals coordinated action across Treasury and the IRS to identify and prosecute schemes that siphon public and private funds.