Arrest of Gang Specialized in Smuggling Hard Currency Through Fake Companies

An informed security source reported that Baghdad Operations forces succeeded in dismantling a complex criminal network that was smuggling huge amounts of hard currency outside the country. The source stated that the operation came as a result of continuous intelligence efforts that lasted for weeks, during which the movements of network members were monitored and their cover, consisting of fake commercial companies, was uncovered. The operation resulted in the seizure of large sums of US dollars and forged banknotes, as well as computers and electronic devices containing secret financial data. The suspects were referred to the judiciary to take legal action against them, while the security leadership affirmed its continued pursuit of all elements attempting to undermine national economic stability and the value of the local currency. Observers see this operation as part of continuous efforts to protect the economy.