Trump launches $25 million federal fraud whistleblower reward program
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Trump has announced the launch of a federal taxpayer fraud whistleblower reward program totaling $25 million, under which whistleblowers can receive a reward equal to 1% of the reported fraud amount, with Trump himself serving as the arbiter for all reward payouts. The program is operated by the U.S. Department of Justice, with whistleblower tips submitted encrypted to the Department of the Treasury. Trump stated that the program has no reward cap and does not require litigation to be filed against the reported party. The first $10,000 reward has already been issued to YouTuber Nick Shirley. The program's reward rate is far lower than similar whistleblower programs previously launched by the Department of the Treasury, which has sparked related controversy.
AI-generated from reports · 48 min agoUpdated
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- ZeroHedgeTrump launches $25 million fraud whistleblower reward program, appoints himself as arbiter
Trump announced a $25 million federal fraud whistleblower reward program, where whistleblowers can receive 1% of the reported fraud amount, and he will personally serve as the arbiter for all reward distributions. The program is operated by the U.S. Department of Justice, with tips submitted encrypted to the Treasury Department, and the first $10,000 reward has been issued to YouTuber Nick Shirley. The program's reward ratio is far lower than similar reporting programs previously launched by the Treasury Department, sparking related controversy.
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