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Trump's war on fraud expands as Treasury launches new site with whistleblower incentives

First publishedJul 28, 18:43 UTC
Last updatedJul 29, 18:44 UTC · 18h ago
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Trump's war on fraud expands as Treasury launches new site with whistleblower incentives
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FIRST ON FOX: Americans could soon cash in on exposing fraud as President Donald Trump's Treasury Department prepares to launch a program paying whistleblowers, Fox News Digital has learned.The Treasury Department has created an online tip line that incentivize Americans to bring allegations of fraud directly to the administration in an effort to increase transparency and crack down on abuse of taxpayer dollars. The website encourages people to "blow the whistle on fraud, money laundering and sanctions/tax violations."And those who report explicit details of legitimate fraudulent transactions could see a pay day for their information."Whistleblowers play a critical role in protecting the integrity of our financial system," Treasury Secretary Scott Bessent told Fox News Digital.THE WAR ON FRAUD IS HERE, AND VICE PRESIDENT VANCE IS LEADING IT FROM THE FRONT"Today, on National Whistleblower Day, Treasury launched a new webpage that brings our whistleblower programs together in one place, making it easier to find information and navigate the reporting process," he continued.Awards for whistleblowers could range between 10% and 30% of the total amount in penalties recovered from successful enforcement operations carried out by the Departments of Treasury and Justice.The rollout marks the latest step in the Trump administration's broader campaign to root out fraud across federal programs after officials argued billions in taxpayer dollars have been lost to waste, abuse and organized criminal schemes.The program works alongside the Task Force to Eliminate Fraud — a federal initiative led by Vice President JD Vance that President Donald Trump established by executive order earlier this year.

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FIRST ON FOX: Americans could soon cash in on exposing fraud as President Donald Trump's Treasury Department prepares to launch a program paying whistleblowers, Fox News Digital has learned.The Treasury Department has created an online tip line that incentivize Americans to bring allegations of fraud directly to the administration in an effort to increase transparency and crack down on abuse of taxpayer dollars. The website encourages people to "blow the whistle on fraud, money laundering and sanctions/tax violations."And those who report explicit details of legitimate fraudulent transactions could see a pay day for their information."Whistleblowers play a critical role in protecting the integrity of our financial system," Treasury Secretary Scott Bessent told Fox News Digital.THE WAR ON FRAUD IS HERE, AND VICE PRESIDENT VANCE IS LEADING IT FROM THE FRONT"Today, on National Whistleblower Day, Treasury launched a new webpage that brings our whistleblower programs together in one place, making it easier to find information and navigate the reporting process," he continued.Awards for whistleblowers could range between 10% and 30% of the total amount in penalties recovered from successful enforcement operations carried out by the Departments of Treasury and Justice.The rollout marks the latest step in the Trump administration's broader campaign to root out fraud across federal programs after officials argued billions in taxpayer dollars have been lost to waste, abuse and organized criminal schemes.The program works alongside the Task Force to Eliminate Fraud — a federal initiative led by Vice President JD Vance that President Donald Trump established by executive order earlier this year. It also mirrors a similar program that was used to root out illicit money movements in Minnesota in the midst of the Feeding Our Futures fraud scandal.The new website consolidates Treasury's existing whistleblower programs into a single public portal, allowing for fraud report submissions to go through one website that routes tips to the department's various enforcement bureaus.FEDERAL GOVERNMENT’S LANDLORD JOINS VANCE FRAUD CRACKDOWN AS WHITE HOUSE WIDENS HUNT: 'CRITICAL FORCE'It also serves as a hub for Treasury's broader anti-fraud campaign, with initiatives ranging from Internal Revenue Service (IRS) fraud investigations and sanctions enforcement to financial institution alerts, whistleblower protections and the White House Task Force to Eliminate Fraud, led by Vance."Fighting fraud is a core national security and taxpayer protection mission for Treasury," a Treasury spokesperson told Fox News Digital. "Secretary Bessent has directed the Department to modernize its tools, strengthen partnerships with financial institutions and law enforcement, and aggressively pursue those who steal from the American people.

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FIRST ON FOX: Americans could soon cash in on exposing fraud as President Donald Trump's Treasury Department prepares to launch a program paying whistleblowers, Fox News Digital has learned.The Treasury Department has created an online tip line that incentivize Americans to bring allegations of fraud directly to the administration in an effort to increase transparency and crack down on abuse of taxpayer dollars. The website encourages people to "blow the whistle on fraud, money laundering and sanctions/tax violations."And those who report explicit details of legitimate fraudulent transactions could see a pay day for their information."Whistleblowers play a critical role in protecting the integrity of our financial system," Treasury Secretary Scott Bessent told Fox News Digital.THE WAR ON FRAUD IS HERE, AND VICE PRESIDENT VANCE IS LEADING IT FROM THE FRONT"Today, on National Whistleblower Day, Treasury launched a new webpage that brings our whistleblower programs together in one place, making it easier to find information and navigate the reporting process," he continued.Awards for whistleblowers could range between 10% and 30% of the total amount in penalties recovered from successful enforcement operations carried out by the Departments of Treasury and Justice.The rollout marks the latest step in the Trump administration's broader campaign to root out fraud across federal programs after officials argued billions in taxpayer dollars have been lost to waste, abuse and organized criminal schemes.The program works alongside the Task Force to Eliminate Fraud — a federal initiative led by Vice President JD Vance that President Donald Trump established by executive order earlier this year.
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1 outlet, average source rating 6.0/10.
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18h ago.
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    Trump's war on fraud expands as Treasury launches new site with whistleblower incentives

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