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France’s Antifraud Office Reports €596 Million in Criminal Asset Seizures for 2024

ONAF’s annual report highlights a tripling of seized assets, dismantling of criminal networks, and significant fraud recovery under enhanced legal powers.

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Overview

  • The Office national antifraude (ONAF) seized over €596 million in criminal assets in 2024, a significant increase from €159 million in 2023.
  • Created on May 1, 2024, ONAF was tasked with 360 investigations, leading to the dismantling of 44 organized criminal networks in its first year.
  • The agency detected nearly €20 billion in fraud and recovered €13 billion for the French state in 2024.
  • Approximately 39% of ONAF’s cases were referred by judicial authorities, including the Parquet national financier and the antiterrorist prosecutor’s office.
  • Seized assets included cash, cryptocurrencies, gold, luxury vehicles, high-end watches, and real estate, reflecting the office’s broadened scope of enforcement.