home.treasury.gov
Treasury Further Dismantles Iranian Financier Zanjani’s Network
OFAC designated four individuals and nine entities tied to Babak Zanjani’s Iranian operations, digital asset exchanges, and supporting companies.
Section
Enforcement
Reporting and analysis selected for legal / enforcement.
home.treasury.gov
FinCEN Issues Alert on Fraud Schemes Targeting Federal Student Aid
FinCEN urged financial institutions to detect, prevent, and report suspicious activity linked to fraud schemes targeting federal student aid programs.
sec.gov
Brian Kuzdas and John Rowland
The SEC filed a settled action against the founders of S2A Modular Corp., alleging that they raised approximately $65 million from nearly 350 retail investors and misled them about fund use, customer contracts, and institutional investment.
justice.gov
Four Men Plead Guilty to $2M Minnesota Medicaid Fraud
Four Minnesota men admitted defrauding the state’s Housing Stabilization Services program of approximately $2.2 million and using ChatGPT to fabricate supporting records.
faa.gov
FAA Proposes $263,750 Fine Against Southern Airways Express for Alleged Operations of an Unairworthy Aircraft
The FAA alleges Southern Airways Express operated 29 commercial flights with a malfunctioning autopilot in April 2025.
justice.gov
Oklahoma Businessman Waives $120M Bankruptcy Discharge After USTP Investigation Reveals Undisclosed Assets
Michael Ray Friday waived a bankruptcy discharge of more than $120 million after the U.S. Trustee Program found undisclosed income, accounts and expenses in his case.
faa.gov
FAA Proposes $50,000 Fine Against Southern Airways Express for Aircraft Weight and Balance Violations
The FAA alleges that Southern Airways Express failed to properly weigh baggage, communicate its weight, complete calculations and document seat positions before an aircraft incident in July 2024.
justice.gov
California Man Indicted in Maine for Sex Trafficking and Related Offenses
A federal grand jury in Maine charged Shawn Bonneau with sex trafficking by force, fraud, or coercion and wire fraud in a six-count indictment.
home.treasury.gov
Treasury Disrupts Muslim Brotherhood and Hamas Financial Networks
OFAC designated a senior Egyptian Muslim Brotherhood official, three individuals, and three entities accused of supporting Hamas through fundraising and underground banking networks.
home.treasury.gov
Treasury Takes Largest Action Ever Targeting Cartel de Jalisco Nueva Generacion
OFAC sanctioned more than 50 Mexican individuals and entities linked to CJNG, targeting its leadership, trafficking cells, and illicit finance networks.
sec.gov
Semisub, Inc.; Jamey Denise Jackson
The SEC filed proposed final judgments against Semisub, Inc. and former principal Jamey Denise Jackson in litigation alleging an offering fraud and misuse of investor funds.
justice.gov
Nevada Tax Preparers Indicted for Conspiracy to Defraud the United States and Preparing False Tax Returns for Clients
A federal grand jury indicted three Las Vegas tax preparers over allegations that they prepared and filed false returns claiming fictitious businesses, receipts, expenses and tax credits.
justice.gov
Dallas Laboratory, Owners, and Investors Pay $24M to Resolve COVID-19 Testing Fraud Allegations
Magnolia Diagnostics, its owners, and investors agreed to pay $24 million to resolve allegations involving medically unnecessary respiratory pathogen panel testing billed to Medicare.
sec.gov
Joshua A. Weiss
The SEC says a former Kubient CFO overstated and misrepresented revenue in connection with two public stock offerings. A court entered a final judgment against him on July 8, 2026.
justice.gov
Justice Department Resumes Targeted HSR Merger Review Process
The Justice Department’s Antitrust Division is returning to targeted Second Request investigations, publishing a model timing agreement and emphasizing focused merger review.
dhs.gov
DHS Celebrates Record-Breaking Success of FIFA World Cup 2026
The Department of Homeland Security said its agencies and partners helped secure FIFA World Cup 2026, reporting no major security incidents at U.S. stadiums or FIFA Fan Festivals.
dhs.gov
Pennsylvania Woman Sentenced to Prison in FEMA Crackdown on Disaster Assistance Fraud
The Department of Homeland Security said a Pennsylvania woman received a five-year prison sentence after pleading guilty to 32 charges tied to more than $1.7 million in disaster assistance fraud.
justice.gov
Two Street Gang Members Found Guilty of Murdering Victim Outside His Home During Mexican Mafia-Ordered Armed Robbery
A jury convicted Ysrael Jacob Cordova and Ricardo Valenzuela of VICAR murder in the shooting of a man during an attempted robbery in Placentia, California.
apnews.com
House Republican Refers Jack Smith to Justice Department Over Testimony
Rep. Jim Jordan referred former special counsel Jack Smith for possible prosecution, alleging he misled Congress about records obtained during the Trump investigation. Smith’s lawyers deny the allegation and say his answers were truthful.
justice.gov
Medical Supply Company Owner Convicted of $30M Medicare Fraud Scheme
A federal jury convicted Mark Loftis in a scheme that used purchased patient information and medical orders to bill federal health care programs for unwanted or unnecessary equipment.
