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Treasury Cracks Down: Billion-Dollar Fraudsters Beware

America’s leaders finally appear to be doing what hardworking taxpayers have been demanding for years: follow the money. Treasury Secretary Scott Bessent told viewers on The Ingraham Angle that the Treasury is gearing up to trace and recover the federal dollars ripped off in Minnesota’s sprawling fraud schemes, a welcome reversal from the old Washington habit of looking the other way.

Vice President JD Vance has pushed the Justice Department to create an associate attorney general focused solely on fraud, signaling this administration means business and won’t let bureaucratic indifference slow down prosecutions. The coordinated approach — DOJ leadership plus Treasury investigators on the ground — is exactly the kind of muscle needed to dismantle the criminal networks that abused our safety-net programs.

Treasury isn’t just talking tough; it’s using real tools. Officials announced a geographic targeting order aimed at money services businesses and are deploying FinCEN reporting requirements and IRS scrutiny to track suspicious transfers, including money flowing overseas to places of concern. This practical, forensic work will turn rhetoric into leads, and it’s a direct affront to the enabling culture that let these schemes grow.

The scale of the theft is staggering, and the facts should make every American furious: what began with allegations around Feeding Our Future has ballooned into investigations of billions siphoned through nonprofits and other entities, with disturbing claims that some funds may have even reached terror-linked groups. If true, that’s not just fraud — it’s a betrayal of national security and a moral outrage that demands swift recovery and punishment.

Recovering stolen funds has real consequences for national priorities. Bessent bluntly suggested that reclaiming this money could help pay for President Trump’s proposed defense increases, translating law enforcement successes into stronger national defense for our children and grandchildren. Conservatives understand that fiscal responsibility and national security go hand in hand — every dollar taken back from fraudsters is a dollar that can keep America safe.

Still, the fight won’t be easy: entrenched local officials and partisan interests have spent years minimizing these crimes and protecting the status quo. It’s time for accountability from governors, prosecutors and any official who looked the other way, and Americans should demand nothing less than full transparency and swift prosecutions. The Trump administration’s “follow the money” strategy is a step in the right direction, and patriots everywhere should stand behind law enforcement until every last corrupt dollar is returned.

Written by Keith Jacobs

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