{"id":12936,"date":"2026-11-12T12:02:19","date_gmt":"2026-11-12T12:02:19","guid":{"rendered":"https:\/\/ofero.news\/?p=12936"},"modified":"2026-11-12T12:02:19","modified_gmt":"2026-11-12T12:02:19","slug":"romanian-prosecutors-indict-former-presidential-candidate-calin-georgescu-in-eur-1-mln-fraud-case","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=12936","title":{"rendered":"Romanian prosecutors indict former presidential candidate C\u0103lin Georgescu in EUR 1 mln fraud case"},"content":{"rendered":"

Romanian prosecutors within DIICOT announced on Thursday, November 12, that they have indicted former presidential candidate and pro-Russian politician C\u0103lin Georgescu and businessman Ionel Rusen in the case in which they are accused of defrauding a businessman of more than EUR 1 million.<\/p>\n

The two are accused of forming an organised criminal group and committing fraud with particularly serious consequences, on a continued basis.<\/p>\n

The official DIICOT statement argued that Ionel Rusen, C\u0103lin Georgescu, and an Italian national, Massimiliano Arena, \u201cformed an organised criminal group that acted in a coordinated manner until October 2023, mainly in Romania, but also in the United Kingdom, to commit fraud by misleading and keeping Romanian businesspeople under the false impression that they could obtain financing from foreign banking and financial institutions.\u201d<\/p>\n

\u201cThe aim of the members of the organised criminal group was to obtain undue financial benefits in the form of monetary guarantees deposited by the injured parties to access the respective loans,\u201d according to the official DIICOT statement<\/a>.<\/p>\n

C\u01celin Georgescu was the surprise first-place finisher in the first round of Romania\u2019s 2024 presidential election, which was annulled by the Constitutional Court<\/a>. According to prosecutors, the politician was the leader of the criminal group.<\/p>\n

The group \u201cmisled the representative of a company by presenting false circumstances as true, namely that they could obtain EUR 6 million in financing by concluding a loan agreement with a banking and financial institution that they claimed operated in the United Kingdom, although it was headquartered in the Union of the Comoros \u2013 East Africa,\u201d prosecutors further stated in the official press release.<\/p>\n

Prosecutors also stated that Ionel Rusen and Massimiliano Arena \u201cclaimed to hold management positions and, on the condition that a guarantee was deposited, induced the victim to transfer, on two different dates in December 2021, the amounts of EUR 2,500 and EUR 1 million\u201d into the accounts of a financial entity headquartered in Dominica and held at a bank in Switzerland.<\/p>\n

\u201cSubsequently, by presenting another false circumstance as true, namely that the loan could be increased to EUR 15 million subject to the deposit of an additional guarantee, they induced the representative of the injured party to transfer, in January 2022, through the same financial route, the amount of EUR 100,000,\u201d DIICOT further stated.<\/p>\n

As part of the indictment, DIICOT asked for the asset freezes<\/a> on Georgescu\u2019s bank accounts and the villa in Mogo\u0219oaia to be maintained. Prosecutors also asked the court to keep the two men in pre-trial detention \u201cas the grounds that led to the imposition of the measure still exist.\u201d<\/p>\n

The case will be judged by the Ilfov Tribunal.<\/p>\n

Georgescu and Rusen have been in pre-trial detention since the end of September, and are currently awaiting a final ruling on whether their pre-trial detention will be replaced with house arrest.<\/p>\n

C\u0103lin Georgescu has also been indicted in two other cases, one concerning charges of attempting to overthrow the constitutional order alongside mercenary Hora\u021biu Potra and the other concerning legionary propaganda. Both cases are at the trial stage.<\/p>","protected":false},"excerpt":{"rendered":"

Romanian prosecutors within DIICOT announced on Thursday, November 12, that they have indicted former presidential candidate and pro-Russian politician C\u0103lin Georgescu and businessman Ionel Rusen in the case in which they are accused of defrauding a businessman of more than EUR 1 million. The two are accused of forming an organised criminal group and committing […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12936","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/12936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12936"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/12936\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}