Bessent Offers Big Money to Blow Whistle on Scams, Says Biden 'Gutted Their Fraud Departments'

Bessent: Treasury Could Reward Healthcare Fraud Whistleblowers Up to 30%

Treasury Sec. Scott Bessent stated that the Trump administration has received over 700 tips through a Treasury Department reporting portal.

Whistleblowers could receive big reward for exposing fraudsters stealing American tax dollars

Whistleblowers who report financial fraud could receive a significant payout from the Trump administration.Treasury Secretary Scott Bessent announced a new program on Monday to pay eligible whistleblowers for providing actionable tips related to fraud, money laundering, sanctions violations, and other national security laws.'The scale of this is unbelievable.'The Treasury Department's Financial Crimes Enforcement Network submitted a proposed rul…

Bessent offers big money to blow whistle on scams, says Biden 'gutted their fraud departments'

Treasury Secretary Scott Bessent is offering what could be big money for potentially "hundreds of billions" recouped from fraudsters emboldened during a Biden administration that unwound guardrails under the guise of COVID relief urgency, he told Fox News on Monday."We can pay up to a 30% reward for the recovered funds," Bessent told "Fox & Friends."Bessent said fraudsters were let loose as a result of former President Joe Biden's administration…

Financial News Network - Bessent offers big money to blow whistle on scams, says Biden 'gutted their fraud departments'

Treasury Secretary Scott Bessent says whistleblowers can earn up to 30% of recovered funds as the U.S. targets hundreds of billions in COVID relief fraud.Read More …