Networks use 10,000 fake commercial registers in Algeria

Drug and weapons smugglers used more than 10,000 fake commercial registers in coordination with informal market traders, spokesman for the Union for Tradesmen and Craftsmen told Echorouk.

• “Security forces are investigating those fake registers. They found that a number of those registers owners have nothing to do with commerce,” Taher Boulenouar said.
• “The suspects used the registers to sell drugs while another large number of suspects used their parent’s commercial registers after their death,” he added.
• Security forces caught networks selling fake currency in coordination with wanted Africans.
• Boulenouar said all the local offices of the Union will be linked to security forces to investigate into the names of tradesmen collaborating with the mafia in promoting fake currency.
• This measure comes following the spread of fake currency phenomenon in the Algerian black markets during the fasting month of Ramadan.
• According to the spokesman, Algeria counts 1,500 informal markets. “About 70 percent of products sold in the black market are fake and harmful to health.”