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Fugitive Ilan Shor Halts Projects, Sparks Political Resignations

12/5/2025

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Summary

Story summary

Ilan Shor, the fugitive Moldovan businessman in Moscow, said December 4, 2024 he is halting all economic projects in Moldova.
He was sentenced in absentia to 15 years for a $1 billion bank fraud.
Shor said he would withdraw support from pro-Russian local officials, prompting the resignations of two mayors.
Maia Sandu, the pro-European Moldova president, accused Shor of vote-buying in the 2024 election that won her second term.

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Story summary

Ilan Shor, the fugitive Moldovan businessman in Moscow, said December 4, 2024 he is halting all economic projects in Moldova.
He was sentenced in absentia to 15 years for a $1 billion bank fraud.
Shor said he would withdraw support from pro-Russian local officials, prompting the resignations of two mayors.
Maia Sandu, the pro-European Moldova president, accused Shor of vote-buying in the 2024 election that won her second term.