Person-to-person currency swaps: fake accounts posing as "trusted" sellers
SQuareDz, an Algerian classifieds site, keeps a list of CCP and BaridiMob accounts and phone numbers reported in currency-exchange scams. It says many people are scammed every day, mostly by accounts that impersonate well-known sellers. As of 22 October 2026, its database held 806 reported accounts, 526 of them verified. Remember that buying or selling currency between individuals, outside a bank, is illegal in Algeria.
The warning sign: A "well-known seller" messages you first, or sends a screenshot of a transfer instead of a payment you can see on your own statement.
What to do
- Use your bank: it is the only legal way to exchange currency (guide 27).
- A payment only exists when it shows on your own statement, not in a screenshot.