Welcome to SIGTARP

The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), to protect taxpayers who funded the bailout known as the $475 billion Troubled Asset Relief Program (TARP).

A watchdog for American taxpayers, SIGTARP is a law enforcement agency with the authority to search, seize, and arrest. SIGTARP has a responsibility  to conduct oversight over everything and everyone related to TARP.

SIGTARP conducts audits and makes recommendations to improve the effectiveness and efficiency of TARP programs, and to prevent fraud, abuse, and waste.​

  • SIGTARP Investigative Outcomes  

     

     

     

     

     

    For additional information, click here 

    *As of 12/31/15
    [1] [2] [3] [4] [5] [6] [7] [8]
  • SIGTARP Investigative OutcomesSIGTARP Investigative Outcomes* – Criminal charges filed against 329 individuals

    – Criminal convictions of 227 defendants, of whom 141 have been sentenced to prison (others are awaiting sentencing)

    – $8.59B in court orders and TARP savings as a result of SIGTARP investigations.

    * As of 12/31/15
    [1] [2] [3] [4] [5] [6] [7] [8]
  • 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] [8]
  • Quarterly Report Quarterly Report Highlights*
    – Already, nearly 100 bankers investigated by SIGTARP have been the subject of a government criminal prosecution or fraud enforcement action.

    – In the last year, 6 of the 7 largest HAMP servicers wrongfully terminated homeowners out of HAMP who were paying their mortgage. Servicers still fail to report complete and timely HAMP redefault information.

    – First TARP institution indicted by Department of Justice for concealing past due loans.

    View the full report

    *As of 12/31/15
    [1] [2] [3] [4] [5] [6] [7] [8]
  • Latest Audit/Evaluation Report Hardest Hit Fund: State Pension Obligations









    – Read this report in its entirety

    [1] [2] [3] [4] [5] [6] [7] [8]
  • Sen. Warren Recognizes SIGTARP for Aggressive Leadership Sen. Warren Recognizes SIGTARP for Aggressive Leadership –In a recent NY Times Op Ed, Senator Elizabeth Warren discussed rebuilding financial institutions, as well as accountability required to protect consumers and manage federal enforcement. Among agencies recognized for leading enforcement actions, SIGTARP was highlighted as "a tiny office charged with oversight of the post-crash bank bailout, [with] aggressive leaders – and a far better record of holding banks and executives accountable than its bigger counterparts."

    View this article in its entirety

    You are leaving the SIGTARP public Web site and going to a Web site that SIGTARP does not control and whose privacy policies may differ.

    If you are not redirected within five seconds, you may follow this link to be redirected now.

    You can also return to the SIGTARP site.

    [1] [2] [3] [4] [5] [6] [7] [8]
  • Report TARP Abuse Report TARP Abuse To report fraud, waste, and abuse of taxpayer funds related to TARP, contact SIGTARP

    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] [8]
  • 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] [8]
Subscribe to SIGTARP Press Releases Press Releases





More Press Releases...
Subscribe to SIGTARP Quarterly Reports Quarterly Reports

 More Quarterly Reports...
 
Subscribe to SIGTARP Audit and Eval. Reports Audit and Other Reports

More Audit and Other Reports...
Subscribe to SIGTARP Data SIGTARP: By The Numbers More Information

To view more SIGTARP statistics, click the left and right arrows that appear when hovering the mouse pointer over the graphs.

To view a larger version of any graph, click anywhere within the graph and a larger version will appear.

Connect With SIGTARP
Useful Links

Hotline separator
SIGTARP Crime Tips
Report fraud, waste, & abuse related to TARP mortgage programs, blight elimination (under the TARP Hardest Hit Fund), and TARP-related bank fraud
Hotline separator
Consumer Fraud Alert

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

You are leaving the SIGTARP public Web site and going to a Web site that SIGTARP does not control and whose privacy policies may differ.

If you are not redirected within five seconds, you may follow this link to be redirected now.

You can also return to the SIGTARP site.