U.S. criminal investigators identified $10.59 billion in financial crimes in fiscal year 2025, as the IRS’s law enforcement arm intensified enforcement against pandemic-era fraud schemes while continuing to broaden its reach beyond traditional tax cases to encompass cybercrime, money laundering, narcotics trafficking, and national security investigations.
IRS Criminal Investigation (IRS-CI) officials said on Dec. 12 that many of the agency’s fiscal 2025 enforcement results stemmed from multi-year investigations into pandemic-era fraud, which the annual report shows are now yielding prosecutions and lengthy prison sentences after years of financial analysis, digital evidence collection, and coordination with prosecutors.
Of the $10.59 billion identified, $4.49 billion was tied to tax fraud, more than double the amount recorded the previous year, while more than $6.1 billion stemmed from non-tax financial crimes, including money laundering, cyber-enabled fraud, and cartel-linked activity. Overall financial crimes identified rose 15.7 percent from fiscal 2024, the IRS said….