Authorities in Oran (northwest) have dismantled a large-scale international organized crime network, arresting 14 individuals involved in money laundering, tax fraud, and the circulation of “suspicious” funds, Algerian police reported Sunday.
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According to a statement from the state security force, the arrested individuals created 33 “ghost companies” through which they laundered some 738 billion Algerian dinars (about 5 million euros) by falsifying stamps, documents, and checkbooks from “illegal” bank accounts.
Investigations, carried out by the Regional Service for the Fight against Organized Crime in the West (SRLCO) and supervised by the Prosecutor’s Office, also led to the “recovery” of 29 properties, including apartments and land, with an estimated value of 260 million Algerian dinars (more than 1.5 million euros).
الـ SRLCO وهران تطيح بشبكة إجرامية دولية منظمة مختصة في تبييض الأموال
في إطار مكافحة الجرائم الماسة بالاقتصاد الوطني، تمكنت المصلحة الجهوية لمكافحة الجريمة المنظمة غرب" SRLCO" للأمن الوطني بوهران، من تفكيك البنية التنظيمية لشبكة إجرامية منظمة ذات امتداد دولي، مختصة في… pic.twitter.com/CDRFTVtPTM
— Radio Algeria international إذاعة الجزائر الدولية (@radioalginter) August 9, 2026
The activities of the fake companies extended across various provinces of Algeria and “several” foreign countries, which were not specified by the source, nor did it detail the time the network had been operational.
In addition to the properties, the materials used for counterfeiting, and “a large amount of cash” in local and foreign currency, eleven “luxury vehicles” and other “products of economic activity” were also seized.
This is the largest operation against economic crimes carried out in Algeria in the last decade, according to authorities.
The detainees were brought before the courts to answer, “individually,” for the crimes they are accused of, depending on their “degree of involvement” and the role they played “within the scheme.”
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