Advertisement

Tehran Cracks Down on Black Marketeers

Share
From Reuters

Iranian police raided and sealed up 150 shops and 32 warehouses in Tehran and arrested 200 people in a crackdown on the capital’s black marketeers, Tehran newspapers reported Sunday.

Black markets have dealt in goods ranging from smuggled Iraqi tea to refrigerator motors since the start of the war with Iraq in 1980, but the main target of the recent four-day campaign was medicine.

The Islamic Republic newspaper said some profiteers were marking up medicines by as much as 800%.

Advertisement
Advertisement