FinCEN Renews Minnesota Geographic Targeting Order

WASHINGTON - Today, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) renewed its Geographic Targeting Order (GTO) designed to combat fraud in Minnesota and protect U.S. taxpayers. Extensive schemes have fraudulently diverted state and Federal dollars meant for people who lack housing, are food insecure, have disabilities, or are otherwise eligible to receive government benefits, costing the state of Minnesota potentially billions of dollars, a portion of which has been laundered overseas. The renewed GTO will continue to help law enforcement identify when the proceeds of fraud are sent abroad and act quickly to hold fraudsters accountable and recover taxpayer dollars.

Resources:

• Treasury Press Release
• Renewed Minnesota Fraud Geographic Targeting Order
• Frequently Asked Questions
• Minnesota Fraud Geographic Targeting Order Submission Template
• Minnesota Fraud Geographic Targeting Order Template Dictionary