Călin Georgescu placed under judicial control in fraud case

The Bucharest Tribunal has placed former presidential candidate Călin Georgescu under judicial control after rejecting a request from DIICOT prosecutors for 30-day preventive arrest. The decision follows a police operation involving searches at his residence in Mogoșoaia, where investigators seized documents, data storage devices, and jamming systems.

The investigation concerns an alleged organized crime group and fraud involving a loss of approximately 1.1 million euros. Prosecutors claim Georgescu presented businessman Ionel Rusen as a person capable of securing significant financing for a gold-related business. According to investigators, a businessman from Buzău paid 1 million euros as a guarantee to obtain a 6 million euro loan, with additional funds intended to increase financing to 15 million euros. These funds reportedly ended up in a digital bank account in Switzerland linked to a financial institution in the Dominican Republic and have not been recovered.

Investigators are also examining whether these funds were used in Georgescu’s electoral campaign. Prosecutors have announced they will appeal the court's decision to deny arrest.