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 rule to implement the new program.

Fraud whistleblowers could receive 10% to 30% of the fines imposed on the criminals they report.

This latest announcement is part of President Donald Trump's crackdown on fraud, an issue that has remained in the national spotlight following journalist Nick Shirley's investigative reporting in Minnesota and California.

"As promised, Treasury will reward whistleblowers who provide timely, actionable information on fraud, sanctions violations, and other significant illicit finance activity," Bessent stated. "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, and we strongly encourage individuals to come forward with credible tips to help safeguard our financial system."

RELATED: Vance’s fraud task force drops hammer: 70 California hospice and home health providers suspended

Scott Bessent. Andrew Harnik/Getty Images

The Treasury Department has already received over 700 leads, according to Bessent.

During an interview with Fox News, Bessent explained that "a lot" of the financial fraud could be attributed to COVID relief.

"Many of the agencies under the Biden administration gutted their fraud departments, their fraud detection, or took down the fraud detection to get the money out quickly for COVID relief. But they never brought back the guardians of our money. So we have to have integrity in these programs," Bessent told the news outlet.

Bessent estimated that the federal government may be able to recoup hundreds of billions of dollars in taxpayer funds.

"The scale of this is unbelievable," Bessent said.

RELATED: ANOTHER Democrat in hot water over COVID-linked fraud allegations

Anna Moneymaker/Getty Images

Vice President JD Vance has been tapped to lead the administration's new Task Force to Eliminate Fraud. Last week, the Centers for Medicare & Medicaid Services announced that it had suspended 70 hospice and home health providers as part of its work with the task force to identify high-risk providers.

"Vice President Vance looks forward to carrying out the president's war on fraud," a spokesperson for Vance previously told Blaze News. "The American people deserve better than being ripped off by people who hate this country, and the Task Force to Eliminate Fraud will ensure that essential taxpayer-funded services are used to support the hardworking Americans who rely on them, instead of being used by fraudsters and criminals."

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FREE ALBERTA! Nod from US energizes Canada sovereignty movement



“People are talking. People want sovereignty. They want what the U.S. has got.”

That was U.S. Treasury Secretary Scott Bessent’s description of growing independence sentiment in Alberta — comments that have energized the province’s long-running sovereignty movement.

'When Scott Bessent says — even somewhat tongue-in-cheek — that he’s heard rumors of an independence vote, that signals awareness at the highest levels.'

As Albertans continue lining up to sign petitions calling for a provincial referendum on separation later this year, separatist advocates say the Trump administration has shown a notable openness to discussing Alberta’s future.

Members of the Alberta Prosperity Project say they have met on several occasions with individuals connected to President Donald Trump’s inner circle and governing team.

Czar power

Bessent’s remarks came while he was criticizing Canadian Prime Minister Mark Carney’s appearance at last week’s World Economic Forum meeting in Davos. At the event, Carney suggested that the United States under Trump had become an international bully, destabilizing global trade norms and alliances.

Bessent rejected that characterization and instead focused on Carney’s political background.

“Well, I think Prime Minister Carney tried to put on a mask for a bit, and he’s really a globalist,” Bessent said. “He was governor of the Bank of Canada, then governor of the Bank of England, then he was the U.N. climate czar, and he tried to disappear that credential, seem like he was more reasonable — and when he said he wants to make Canada an energy powerhouse,” Bessent said, “Canada has great natural resources, but I don’t think he wants to bring them out.”

Chinese checkers

He further criticized Carney’s recent engagement with Beijing.

“He was just in China, and President Trump said Canada should trade with China,” Bessent said. “But when he came out and said China shares Canadian values — really?”

Turning to Alberta, Bessent highlighted the province’s resource wealth and frustrations over stalled infrastructure projects.

“Alberta is a wealth of natural resources, but they won’t let them build a pipeline to the Pacific,” he said. “I think we should let them come down into the U.S., and Alberta is a natural partner for the U.S. They have great resources.”

Bessent also noted Alberta’s distinct political culture, describing Albertans as “very independent people,” and said he had heard rumors of a possible referendum on whether the province should remain in Canada.

RELATED: Carney puts America last at Davos; Trump hits back

Fabrice Coffrini/Getty Images

Going it alone?

Jeffrey Rath, legal counsel for the Alberta Prosperity Project, said Bessent’s remarks reflect conversations Alberta sovereignty advocates have been having privately with U.S. officials for months.

“That comes directly out of the meetings we’ve been holding in Washington, D.C.,” Rath told Align.

“We’ve raised the issue with them, and the Americans are very open to having a pipeline come down from Washington through Montana and Idaho ... to the West Coast to service Korea, Japan."

Rath said such infrastructure would strengthen U.S.-led trade alliances in the Pacific and reduce dependence on China.

He contrasted that approach with Carney’s recent visit to Beijing.

“That very alliance that Carney completely ignored when he skipped over all of them and went directly to communist China to declare, you know, Canada's alliance and allegiance to communist China," Rath said.

No accident

Rath also emphasized the influence of the U.S. treasury secretary within the American political system, speaking from his own perspective.

“Scott Bessent is literally the second-most powerful man in the world,” Rath said. “All it takes is one or two changes to U.S. Treasury policy towards Canadian debt, towards Canadian imports, towards Canadian investments and the taxation of Canadian businesses and assets in the United States, etc., and Canada would be bankrupt in three days."

According to Rath, Bessent’s reference to a possible Alberta referendum was not accidental.

“When Scott Bessent is saying — tongue-in-cheek — 'I've heard a rumor that there might be an independence referendum in Alberta this year,' you know, what Scott Bessent is tipping his hand to is that ... they are aware of what's going on in Alberta at the highest levels,” Rath said.

Rath pointed to visible public support for the independence petition drive.

“They are aware of people lined up for miles into cold January nights to sign the Alberta Declaration of Independence to get Alberta out of Canada,” he said. “They're aware of what a great partner Alberta will be to the United States of America because we’re philosophically aligned.”