Welcome to SIGTARP

The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), a sophisticated, white-collar law enforcement agency, was established by Congress in 2008 to prevent fraud, waste, and abuse linked to the $700 billion Troubled Asset Relief Program (TARP).

A watchdog for American taxpayers, SIGTARP conducts criminal and civil investigations related to TARP, audits how TARP assets are managed, and recommends ways to improve the program.​

  • SIGTARP Investigative OutcomesSIGTARP Investigative Outcomes* – Criminal charges filed against 196 individuals, including 125 senior officers

    – Criminal convictions of 136 defendants, of whom 84 have been sentenced to prison (others are awaiting sentencing)

    – Civil charges filed against 66 individuals and 56 companies

    – Restitution orders entered for $4.2B, forfeiture orders for $241.6M, and civil and other judgments for $680.5M

    * As of 6/30/14
    [1] [2] [3] [4] [5] [6] [7]
  • Consumer Fraud Alert HAMP Mortgage Modification Scams – Beware of HAMP mortgage modification scams.

    – Mortgage modification scams have become all too prevalent, and SIGTARP has formed a taskforce to raise awareness of the scams.

    – An application to the federal Home Affordable Modification Program is free.

    – View tips to avoid mortgage mod scams
    [1] [2] [3] [4] [5] [6] [7]
  • Quarterly Report Quarterly Report Highlights*
    – $424.5 billion – Amount spent under TARP

    – $25.7 billion – Amount available to be spent under TARP

    – $38.6 billion – Amount still owed to taxpayers under TARP

    – $39 billion, $27 billion, $40.3 billion – Estimated cost of TARP as projected by OMB, CBO, and Treasury, respectively

    View the full report

    *As of 7/7/14
    [1] [2] [3] [4] [5] [6] [7]
  • Latest Audit/Evaluation Report Treasury's Role in the Decision for GM to Provide Pension Payments to Delphi Employees




    – Driven by broader concerns about the auto industry, Treasury's Auto Team directed GM's restructuring toward bankruptcy.

    – The decision that New GM would honor the top-up of pensions of UAW hourly retirees at Delphi was a joint decision by Treasury and GM with Treasury deciding to approve the UAW collective bargaining agreement with the top-up.

    – View the full report

    [1] [2] [3] [4] [5] [6] [7]
  • Kansas City-Area Businesswoman Charged with Defrauding TARP Bank Kansas City-Area Businesswoman Charged with Defrauding TARP Bank

    –Brenda Wood, a Kansas City-area businesswoman, was charged with defrauding TARP recipient Farmers Bank. She was charged with five counts of bank fraud, one count of theft from an employee benefit program, and four counts of willful violations of the Employee Retirement Income Security Act.

    – View this press release in its entirety

    [1] [2] [3] [4] [5] [6] [7]
  • Report TARP Abuse Report TARP Abuse To report fraud, waste, and abuse of taxpayer funds related to TARP, contact the SIGTARP Hotline!

    Phone: 1-877-SIG-2009 (1-877-744-2009)

    Report TARP abuse with our online submission form

    Whistleblower protections apply.
    [1] [2] [3] [4] [5] [6] [7]
  • Armed Services Fraud Alert HAMP Mortgage Modification Scams – Beware HAMP mortgage modification scams.

    – Mortgage modification scams have been found to specifically target members of the Armed Services community

    – An application to the federal Home Affordable Modification Program is free.

    – View tips to avoid scams

    – View resources for members of the Armed Services Community
    [1] [2] [3] [4] [5] [6] [7]
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Useful Links

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SIGTARP Hotline
Report fraud, waste, & abuse related to TARP

Phone: 1-877-SIG-2009
Report Online
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Consumer Fraud Alert

Beware of mortgage modification scams
View tips to avoid scams
View resources for members of the Armed Services

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