FinCEN’s Rapid Response Program Intercepts Nearly $2 Billion for Cyber Fraud Victims

Adam Witmer
BSA, Regulatory Update

On April 15, 2026, FinCEN published a Fact Sheet detailing that FinCEN’s Rapid Response Program (RRP) has facilitated the interdiction of $1.8 billion and the recovery of over $1 billion in stolen proceeds on behalf of 5,790 U.S. victims. RRP is a partnership between FinCEN, U.S. law enforcement, and foreign partners working together to help victims and their financial institutions recover stolen funds sent abroad as the result of cyber-enabled fraud.

Through the RRP, FinCEN can quickly share financial intelligence with foreign agencies to help them stop and recover fraudulent transactions. FinCEN’s RRP has been used to confront cyber threats in more than 96 foreign jurisdictions against a multitude of cyber schemes, including business email compromise, investment fraud, and phone scams.

FinCEN encourages financial institutions to voluntarily report suspicious activity to FinCEN and immediately notify law enforcement.

Read FinCEN’s press release here.

Adam Witmer
BSA, Regulatory Update
Adam Witmer

Adam Witmer is a speaker, author, and founder of the Compliance Cohort. Adam has taught hundreds of seminars and training sessions to thousands of bankers throughout the United States and teaches on all areas of regulatory compliance. Adam has written five e-books that he never published, hit a grizzly bear while driving in a National Park, and is an award winning photographer and musician (though he no longer takes photos nor plays any instruments). In his spare time, Adam can be found kayaking on the lake, doing taekwondo with his kids, working on his (project) house, or spending time with his family.

Website

ON SALE: Reg E Bootcamp!

FDIC Rescinds Supervisory Guidance on Multiple Re-Presentment NSF Fees