Iraqi Intelligence Dismantles Counterfeit Dollar Operation in Baghdad

At a Glance:

Federal Intelligence officers arrested two individuals caught producing fake US dollars in Baghdad.
Authorities confiscated printing presses, forgery equipment, and fake US dollar notes.
The raid was executed following intelligence gathering approved by the Integrity, Money Laundering, and Economic Crime Court.
Suspects were caught in flagrante delicto and referred to judicial authorities for prosecution.

The Federal Intelligence and Investigation Agency, operating under Iraq’s Ministry of Interior, dismantled a major currency counterfeiting network in Baghdad. Security forces arrested two primary suspects red-handed and seized an active printing press along with forged US dollar notes, striking a significant blow against economic forgery networks in the capital.

Key Statements and Focus Area:

Official Intelligence Statement:"Under the supervision of the Undersecretary for Intelligence Affairs, our agency carried out a qualitative intelligence operation based on precise tracking and judicial approvals from the Investigating Judge of the Integrity, Money Laundering, and Economic Crime Court." — Federal Intelligence and Investigation Agency, Ministry of Interior.
Institutional Mandate:"The agency reaffirms its continued commitment to pursuing economic crime networks, drying up their financial sources, and confronting anyone attempting to compromise national economic security." — Federal Intelligence and Investigation Agency, official press release.

Surgical Raid and Seizure of Forgery Press

Following intensive technical surveillance and intelligence gathering, a specialized tactical unit set up a controlled ambush in coordination with local ground forces. Officers caught the two suspects in flagrante delicto during an active counterfeiting run. Security personnel secured the venue, confiscating specialized printing presses, chemical tools, paper stock, and a large quantity of freshly minted counterfeit US dollar bills.

*Counterfeit $100 bills seized in a safe during an intelligence raid that dismantled a major forgery operation in Baghdad.*

Judicial Referral and Prosecution

Both individuals were taken into custody and formally charged before the competent economic crimes tribunal. Legal proceedings are currently underway as judicial authorities evaluate the seized physical evidence to determine the full scope and distribution reach of the fake currency.

*Equipment used to print and cut forged US dollars seized by Iraqi security forces after dismantling a counterfeiting network in Baghdad.*

FYI

The operation comes amid broader efforts by Iraqi security agencies to stabilize the domestic currency market and curb illicit foreign exchange trade. Counterfeit US dollars pose a direct threat to public financial confidence and central bank reserves. By aggressively pursuing covert printing facilities, federal authorities aim to protect retail banking systems and deter financial crime syndicates operating across major urban centers.

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