The Idaho Department of Finance (IDOF) today joins regulators and advocates across the country and around the world in observing World Elder Abuse Awareness Day, reaffirming its commitment to protecting […]

In a significant ruling issued on August 21, 2025, the Idaho Supreme Court upheld the Idaho Department of Finance’s authority to regulate tax debt settlement companies under the Idaho Collection […]

The Idaho Department of Finance (IDOF) is warning consumers against “Pig Butchering” scams that have recently targeted Idahoans. Pig butchering scams are unique because they are long-term schemes that combine elements of investment scams, romance/friendship scams, and cryptocurrency transactions to steal all the money an individual possesses or can access (i.e., persuading individuals to take out loans in addition to sending money from their bank accounts).

The Idaho Department of Finance (the “Department”) joined twenty-four other state financial regulatory agencies in taking collective action against Plutus Financial, Inc., Abra Trading, LLC, Plutus Financial Holdings, Inc., Plutus Lending, LLC (collectively known as “Abra”), and CEO and largest equity owner William “Bill” Barhydt for operating a cryptocurrency company without receiving the required state licensing.