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Former Romanian presidential candidate Georgescu detained and put under investigation for fraud

Prosecutors say Georgescu and two others persuaded a Romanian businessman to transfer them €1.1 million by making him believe he could get access to millions of euros worth of foreign bank financing.

READ MORE : http://www.euronews.com/2026/09/21/former-romanian-presidential-candidate-georgescu-detained-and-put-under-investigation-for-

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00:02Former Romanian presidential candidate Kalin Georgescu has been detained as prosecutors
00:06investigate him over alleged fraud and the formation of an organized criminal group.
00:12The pro-Russian politician and two others are accused of misleading a Romanian businessman
00:17by claiming they could secure up to 15 million euros in foreign bank financing in exchange for
00:22cash. Prosecutors say the businessman transferred more than 1 million euros followed by another
00:28100,000 euros.
00:46He already faces two other cases including allegations of acting against Romania's constitutional order
00:52and promoting fascist ideology.
00:55Supporters gathered outside the headquarters of Romania's directorate for investigating
01:00organized crime and terrorism as Georgescu was questioned.
01:04Georgescu rose to prominence after winning the first round of Romania's 2024 presidential election.
01:10The constitutional court later annulled that election citing allegations of electoral interference.
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