Treasury Proposes Paying Whistleblowers Up to 30% for Reporting Fraud and Sanctions Violations

FinCEN proposed rules to pay whistleblowers 10-30% of sanctions over $1M for reporting fraud, money laundering, and sanctions violations through its new portal.

Treasury Proposes Paying Whistleblowers Up to 30% for Reporting Fraud and Sanctions Violations FinCEN proposed rules to pay whistleblowers 10-30% of sanctions over $1M for reporting fraud, money laundering, and sanctions violations through its new portal. Aaron Rafferty April 02, 2026 Key Takeaways: FinCEN submitted a proposed rule on March 30 to fully implement a whistleblower program offering 10-30% of monetary sanctions exceeding $1 million for tips on fraud, money laundering, and sanctions violations. The Treasury Department launched a confidential whistleblower portal on February 13 covering Bank Secrecy Act violations, OFAC sanctions programs, and government benefits fraud. The program is already accepting tips and targets crypto fraud, deepfake identity schemes, and pig butchering scams alongside traditional financial crime. The U.S. Treasury Department's Financial Crimes Enforcement Network submitted a proposed rule on March 30 to fully implement a whistleblower program that would pay individuals 10% to 30% of monetary sanctions exceeding $1 million for actionable tips on fraud, money laundering, and sanctions violations. The rule establishes eligibility standards, award adjudication procedures, and anti-retaliation protections. "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," Treasury Secretary Scott Bessent said in the announcement. The proposed rule follows FinCEN's February 13 launch of a dedicated confidential portal for submitting whistleblower tips. The program covers violations of the Bank Secrecy Act, U.S. sanctions programs administered by OFAC, and several other laws tied to financial system integrity. FinCEN h