Which federal agency is contacted when there is bank fraud related to losses over $100,000?

The FBI is the correct choice when it comes to investigating bank fraud that involves losses over $100,000. The FBI has jurisdiction over a wide range of financial crimes, including bank fraud, wire fraud, and other related offenses. They have specialized units that focus on these types of financial investigations, given the complexity and the often interstate nature of such crimes.

In the context of bank fraud, the FBI combines efforts with other relevant agencies and financial institutions to trace the origins of fraud and hold perpetrators accountable. This agency is equipped with the legal authority and resources needed to pursue cases that cross state lines or involve significant financial damage to ensure effective enforcement of federal laws pertaining to banking and finance.

Agencies like the Department of Treasury and U.S. Secret Service do play roles in financial oversight and security, but they typically deal with different aspects of financial crimes or have narrower mandates. The Consumer Financial Protection Bureau focuses mainly on consumer protection in the financial sector rather than criminal investigations, making them less relevant in dealing with cases of bank fraud directly.