Scott Bessent targets fraudsters with new tipster rewards after trip to Minnesota

Source: Washington Examiner · Bias: Center Right

Summary

The Treasury Department unveiled a proposal that rewards whistleblowers for reporting suspected fraudulent schemes, as part of the Trump administration’s crackdown on illicit financial activity.  The agency’s Financial Crimes Enforcement Network submitted a rule that would reward tipsters with up to 30% of the fines imposed on criminals, according to Treasury Secretary Scott Bessent. Whistleblowers […]

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Scott Bessent targets fraudsters with new tipster rewards after trip to Minnesota
Washington Examiner

Scott Bessent targets fraudsters with new tipster rewards after trip to Minnesota

Center Right

The Treasury Department unveiled a proposal that rewards whistleblowers for reporting suspected fraudulent schemes, as part of the Trump administration’s crackdown on illicit financial activity.  The agency’s Financial Crimes Enforcement Network submitted a rule that would reward tipsters with up to 30% of the fines imposed on criminals, according to Treasury Secretary Scott Bessent. Whistleblowers […]