Fraudsters beware. Jail Time. Restitution. Suspension from Government Programs. These are among the fates of those who were caught stealing from the American taxpayers. No amount of fraud is too small to be investigated by the Trump Administration. Happy Halloween!

Fraud losses reported by older Americans jumped in 2025, driven largely by an increase in victims losing sums of at least six figures, according to a new report from the Federal Trade Commission. Americans ages 60 and older reported losing about $3 billion to fraud last year, a 25% increase from $2.4 billion in 2024, according to the FTC’s annual report to Congress, released Monday, on fraud among older adults. That figure is up 400% from the $600 million reported lost in 2020. Find more details:

FRAUD SENTENCING: A two-time convicted felon was sentenced to more than ten years in federal prison this week for executing a scheme to steal over $3 million through at least 15 fraudulent pandemic loans.

Fraud rips off every taxpayer, so every American has a stake in stopping it. President Trump’s new Fraud Whistleblower Incentive Program gives people a reason to join the fight against fraudsters.

FRAUD UPDATE: Today, SBA is referring nearly 700 noncompliant 8(a) firms to GSA for review to evaluate potential fraud in their government contracting history. This action comes as part of SBA’s broader effort to restore accountability to the 8(a) Program for “socially and economically disadvantaged” small businesses.

Fraud is driving up auto insurance costs for New Yorkers. Enough is enough. Our investigations uncovered nearly $500,000 in fraudulent claims and led to 16 arrests. No more phony claims, staged crashes, or frivolous lawsuits. Auto insurance fraudsters are on notice.

Fraud and manipulation know no borders. The @CFTC has exclusive jurisdiction over prediction markets for this reason. These exchanges are interstate businesses that match the bids and offers of customers from across the country. Congress equipped the CFTC with the tools needed to enforce uniform standards, surveil and police fraud and manipulation, and protect customer funds across state lines. @LizClaman