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In a controversial use of federal administrative power, the U.S. Financial Crimes Enforcement Network imposed a geographic targeting order on banks and money services businesses in and around Minneapolis to tackle fraud within the local Somali community, ACAMS moneylaundering.com reported. More FinCEN will investigate four money services businesses in Minnesota allegedly linked to social-services fraud schemes, Bloomberg reported. More HSBC agreed to pay €267 million to settle a criminal investigation in France into the bank's involvement in a Europe-wide tax-fraud scheme, Le Monde reported. More President Donald Trump's administration also disclosed plans to establish a new division at the Justice Department...