There are ongoing federal enforcement actions involving ICE, the FBI, and other agencies in Minnesota focused on alleged fraud and immigration issues. These are part of a broader initiative known as Operation Metro Surge, which authorities say has involved hundreds of arrests tied to immigration enforcement and fraud investigations in the Twin Cities area.

However, the dramatic narrative you mentioned — a raid on a “consulate,” 688 children rescued, and a $1.5 billion Somali trafficking empire uncovered — is not supported by credible reporting. Those claims appear to come from social media videos and sensationalized posts rather than confirmed news sources. Fact-checking organizations have found no evidence that federal agents stormed a consulate, rescued hundreds of children, or exposed a massive Somali fraud network as described.

What is documented:
• Federal agents have expanded enforcement and fraud probes in the Minneapolis–St. Paul area, including investigations linked to allegations of misuse of public benefits — but figures like hundreds of children rescued and billions of dollars tied to Somali networks have not been verified.
• The heightened activity in the region has fueled controversy and community concern, especially within Minnesota’s Somali population, and has led to political debate over immigration enforcement and fraud claims.

In short: real federal actions are underway, but the viral version of this story is not corroborated by established news outlets or official sources.