Major police operation in Algiers: Massive money laundering network dismantled
The Central Service for Combatting Organized Crime has dismantled a criminal network operating across several provinces, specializing in counterfeiting, tax evasion, and money laundering. As reported by the General Directorate of National Security, the suspects utilized over 400 fake commercial registries to conduct fraudulent transactions, causing a loss of 9200 billion centimes to the public treasury. During the operation, authorities seized various vehicles, administrative seals, and falsified documents, while also recovering 23 billion centimes in illicit funds. The 25 arrested members have been referred to the national economic and financial judicial pole.