California Man Pleads Guilty to Tax Evasion and Operating Illegal Offshore Gambling Business
Defendant Laundered More than $1.5M in Cash and Evaded Tax on $4M in Income
WASHINGTON — A California man pleaded guilty yesterday to operating an...
Treasury and State Departments Designate Muslim Brotherhood Branches as Terrorist Organizations
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), in coordination with the Department of State, is taking action...
Former U.S. Navy Sailor Sentenced to 200 Months for Spying for China
WASHINGTON- Today, the Justice Department announced that Jinchao Wei, a former U.S. Navy sailor who was convicted of espionage by a federal jury in...
Secretary Bessent Convenes Finance Ministerial on Securing Critical Minerals Supply Chains
WASHINGTON – Today, Secretary of the Treasury Scott K.H. Bessent, convened a meeting of Finance Ministers at the United States Treasury to discuss solutions to...
Secretary Bessent Announces Initiatives to Combat Rampant Fraud in Minnesota
Actions Increase Transparency, Seek Accountability for Taxpayer Dollars
WASHINGTON— In Minnesota, Secretary of the Treasury Scott Bessent announced several initiatives to combat rampant government benefits...
Secretary Scott Bessent Announces Working Families Tax Cuts: Ushering in a New Golden Age
Platform designed to provide Americans with a clear view into President Trump’s pro-family, pro-worker, and pro-growth economic agenda
WASHINGTON – Secretary Scott Bessent today announced...
Treasury Secures Agreement to Exempt U.S.-Headquartered Companies from Biden Global Tax Plan
WASHINGTON – U.S. Secretary of the Treasury Scott Bessent issued the following statement today on the non-applicability of OECD Pillar Two to U.S. Multinationals:
President Trump’s...
Treasury Targets Oil Traders Engaged in Sanctions Evasion for Maduro Regime
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned four companies for operating in Venezuela’s oil sector and...
Grand Jury Charges Four Members of Anti-Government Group with Terrorism Felonies Stemming from New...
LOS ANGELES – A federal grand jury today returned a six-count indictment against four members of a far-left, anti-capitalist, and anti-government group that allegedly plotted...
Treasury Increases Pressure on Iran’s Sanctions-Evading Shadow Fleet
WASHINGTON—Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is placing further pressure on the Iranian shadow fleet, which exports...
