Treasury Secretary Scott Bessent and several agencies in the department on Friday asked financial institutions, including banks and casinos, to monitor for red flags that a business employs fraudulently employs people who are not authorized to work in the United States. Photo by Bonnie Cash/UPI | License Photo
June 5 (UPI) -- The Treasury Department on Friday issued an advisory that financial institutions, including banks and casinos, to "be vigilant" against signs of unlawful employment of illegal immigrants.
The Department's Financial Crimes Enforcement Network, called FinCEN, in the advisory calls on the institutions employ methods to detect schemes covering up the employment of people who are not authorized to work in the United States.
Treasury Secretary Scott Bessent said in a FinCEN press release that part of the Trump administration's crackdown on illegal immigration includes "securing our financial system."
"This administration will not allow illegal aliens to abuse financial institutions to steal billions of dollars from hardworking American taxpayers," Bessent said.
