Treasury Launches Whistleblower Program for Healthcare Fraud

0:00It's March 30, I'm Corey with The Story, and this is US News Today, your AI-powered national briefing. Treasury Secretary Scott Besan is launching a whistleblower program Monday to fight health care fraud and Medicare and Medicaid. Tipsers could snag between 10 and 30 percent of the fines collected from busted crooks, paid straight from those penalties, not your tax. Dollars. It targets info leading to penalties over $1 million dollars, open to folks in the US or overseas. This mirrors the IRS whistleblower setup and fits the Trump team's big push against fraud everywhere. With losses topping $70 billion a year, rewards could hit big for solid leads. In Minnesota, Feds uncovered massive scheme since 2018, like fake clinics and sham food ops run by network siphoning billions. One stand out feeding our future allegedly blew $250 million dollars on luxuries instead of kid's meals. People say this cash sometimes fuels terror or flashy lifestyles, hiking costs for real

1:02patience. Now, the Treasury's financial crimes enforcement network plans guidance for banks to flag shady health care deals like fake bills or upcoding, laundered through wires and crypto. This ramps up from President Trump's March executive order for zero tolerance and a new task force under Vice President J.D. Vance aiming to lock down federal funds tight.