The Trump administration uncovered what it says is more than $8 billion in potentially fraudulent cross-border wire payments that were made under foreign agents’ direction, issuing new guidelines for nonprofits who take foreign money, executing multiple FBI search warrants and building out a large-scale indictment.The Financial Crimes Enforcement Network (FinCEN) within the Treasury Department said it identified suspicious wire payments from 2021 to 2025 that were sent through U.S.-based money services businesses at the direction of foreign agents."When greed meets negligence, the American peo...
Treasury flags $8B in suspicious foreign-directed transfers through US money services firms
HALO Newsroom
Oct 30, 2026 • 7 hours ago
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Wayne G Fraser
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