Major Crackdown on Financial Crime: 25 Arrested in Tax Fraud and Money Laundering Case
Algerian national security services have dismantled an organized crime group specialized in forgery, tax evasion, and money laundering. As detailed in an official statement on October 29, 2026, the investigation uncovered a scheme involving over 400 fake commercial registries used to facilitate illicit financial transactions. Twenty-five suspects were apprehended across several provinces. Security forces seized 23 billion centimes in cash, alongside several vehicles and administrative stamps. The financial damage caused to the state treasury is estimated at 9,200 billion centimes, equivalent to 92 billion dinars. The suspects have been brought before the economic and financial penal center in Algiers to face justice.