Evidence from credible sources supports the statement as accurate. Learn more in Methodology.
IRS civil enforcement is conducting audits of financial institutions alleged to have facilitated laundering of Minnesota funds (documented in IRS/Treasury announcements or audit actions).
The quoted statement comes directly from a January 9, 2026 U.S. Department of the Treasury press release outlining federal actions against government benefits fraud in Minnesota. In that document, Treasury explicitly states that "IRS civil enforcement is auditing financial institutions that facilitated the laundering of Minnesota funds, in addition to helping support criminal and civil enforcement efforts," and describes a planned IRS fraud task force focused on related abuses. No available credible sources contradict this description of current IRS enforcement activity, and such operational details about specific audits would normally be non-public beyond this type of official announcement.
The verdict is True because the claim accurately reflects the U.S. Treasury’s official description of IRS civil enforcement activities in Minnesota, and there is no evidence from credible sources indicating that this description is false or has been retracted.