Financial Crimes Enforcement Network Issues Reporting Order to Combat Fraud in Minnesota
January 13, 2026
January 13, 2026
WASHINGTON, Jan. 13 (TNSFR) -- The U.S. Department of the Treasury Financial Crimes Enforcement Network (FinCEN) issued an order targeting international money laundering linked to government benefits fraud. The mandate requires financial institutions in specific Minnesota counties to track and report high-value wire transfers and payments.
Under the order, all banks and money transmitters operating in Hennepin County and Ramsey County must record and report transactions of $3,000 or . . .
Under the order, all banks and money transmitters operating in Hennepin County and Ramsey County must record and report transactions of $3,000 or . . .