The Treasury wants to stop US Americans from sending money overseas following viral allegations of welfare fraud to the benefit of Somali Al Quaeda off-shoot al-Shabaab.

 a "geographical targeting order" following financial fraud in Minnesota allegedly conducted by Somali businesses. According to the Secretary, the measures include lowering the threshold for suspicious activity reports (SARs) from $10,000 down to $3,000, with which he likely refers to currency transaction reports, as SARs commonly have no monetary threshold. In addition, the Treasury will block anyone on public assistance from making overseas transactions.

Politics_And_Law

> The Treasury wants to stop US Americans from sending money overseas following viral allegations of welfare fraud to the benefit of Somali Al Quaeda off-shoot al-Shabaab.
> 
> Treasury Secretary Scott Bessent has [announced](https://www.foxnews.com/video/6387439957112) a "geographical targeting order" following financial fraud in Minnesota allegedly conducted by Somali businesses. According to the Secretary, the measures include lowering the threshold for suspicious activity reports (SARs) from $10,000 down to $3,000, with which he likely refers to currency transaction reports, as SARs commonly have no monetary threshold. In addition, the Treasury will block anyone on public assistance from making overseas transactions.
> 
> ...