The Treasury Department unveiled a proposal that rewards whistleblowers for reporting suspected fraudulent schemes, as part of the Trump administration’s crackdown on illicit financial activity. 

The agency’s Financial Crimes Enforcement Network submitted a rule that would reward tipsters with up to 30% of the fines imposed on criminals, according to Treasury Secretary Scott Bessent. Whistleblowers whose tips lead to a successful enforcement action by the Treasury or the Department of Justice would receive between 10% and 30% of fines collected from criminals.