Algerian authorities dismantle large-scale money laundering network

The Central Service for the Fight Against Organized Crime has dismantled a criminal network involved in forgery, tax fraud, and money laundering. Investigators recovered 23 billion centimes from the group's activities.

The network utilized over 400 fictitious commercial registries to conduct fake transactions, attempting to move large sums of money outside legal channels. This activity caused estimated damages to the public treasury exceeding 9,200 billion centimes.

The operation, supervised by the relevant prosecutor's office, resulted in the arrest of 25 members. The group's activities spanned several provinces across the national territory. Authorities also seized trucks, passenger vehicles, stamps, and administrative documents linked to the criminal operations. The suspects have been referred to the Economic and Financial Criminal Pole of the Algiers Prosecutor's Office.