Treasury Secretary Scott Bessent testifies before the Senate Committee on Finance, Wednesday, June 3, 2026 in Washington. (AP Photo/Allison Robbert)

Treasury warns banks of ‘red flags’ tied to customers in the U.S. illegally

by The Associated Press June 5, 2026

written by The Associated Press June 5, 2026

By Fatima Hussein And Ken Sweet WASHINGTON (AP) — Treasury’s financial crimes arm wants banks to help identify payroll schemes tied to people living in the country illegally, as part of the Trump administration's latest measure to clamp down on immigration. The Financial Crimes Enforcement Network —...

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Treasury warns banks of ‘red flags’ tied to customers in the U.S. illegally

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