The Libyan Anti-Fraud Office (LAFRO) works to protect financial rights and investments from fraud and scams perpetrated by suspicious companies, focusing on building trust and providing legal protection for citizens and businesses. The office combats financial and cyber fraud and money laundering in cooperation with security and regulatory bodies in Libya. Key anti-fraud efforts and entities in Libya include: The Libyan Anti-Fraud Office (LAFRO): A specialized body protecting individuals and investments from fraud through the exploitation of trust. The Financial Crimes and Money Laundering Control Authority:It monitors banking fraud networks and warns against scams perpetrated through hacking banking systems. The Administrative Control Authority participates in international summits to combat cross-border fraud, such as the Global Anti-Fraud Summit 2026 in Vienna. The Libyan Financial Information Unit specializes in combating money laundering resulting from illegal activities, including financial fraud. Precautionary measures (to protect against fraud): Be wary of requests to send confidential banking information online. Report any suspicious activity to the Financial Crimes Unit or security authorities.