Moroccan Police Bust Major Money Laundering Ring Led by Algerian National in Marrakech

The case began with a chance road check on the night of Thursday to Friday last week. At the Nakhil toll station, the gendarmes intercepted a vehicle driven by "Anas", the driver of a contractor linked to a real estate company. A search of the vehicle led to the discovery of the sum of 2.8 million dirhams.

Placed in custody at the Royal Gendarmerie in Benguérir, "Anas" revealed to the investigators the existence of a money laundering network orchestrated by "Azeddine", an Algerian national who is the project manager of a company dedicated to real estate projects. Specialized in the construction of luxury villas in the Chrifia district of Marrakech, the company served as a cover for the illicit activities of "Azeddine". The latter, actively sought after and known for juggling with false identities, is still at large, reports Article19.

The investigation led to the arrest of two other suspects: "Abderrahim", the manager of a currency exchange office in Casablanca, and "Mustapha", the head of an aluminum company. Both are suspected of having fed "