Treasury Signals Crackdown as Fraud Money Trails in Minnesota Are Tracked Worldwide

Treasury Secretary Scott Bessent says FinCEN has been actively tracking suspicious and fraudulent money flows tied to Minnesota cases — not just inside the U.S. banking system, but overseas as well. The comments suggest federal investigators are following the full money trail, closing off escape routes and preparing enforcement action. Officials emphasize that moving funds abroad won’t shield anyone, as financial monitoring and international cooperation are already in place.