Massive Investment Fraud in Tangier: Hundreds File Complaints Against ’Al Khair Group’

The number of complaints against this group is constantly increasing. More than 100 new complaints are filed each day, reports the site Tanja24, specifying that this fraud case is one of the largest Morocco has seen in recent years. The Al Khair Group managed to collect several million dirhams from its many victims.

The majority of the complaints were filed against two women, accused of being the masterminds of this large-scale fraud. They have already been arrested, the same source informs. The "Al Khair Group" case broke out after the group found itself unable to pay interest to its victims, whom it had managed to convince to invest in fictitious projects.

Cornered, the group stopped communicating with the investors, arousing the concern of the latter who ended up filing complaints with the authorities. An investigation has been opened to identify and apprehend all the people involved in this vast criminal network and recover the defrauded amounts.

Voices have been raised following the outbreak of the "Al Khair Group" case to urge the authorities to take firm measures to fight fraud networks and to ensure better protection for small investors.