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Georgescu Detained Over €1.1 Million “Ghost Bank” Fraud

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Story summary
  • Calin Georgescu, former Romanian presidential candidate, was detained by DIICOT on 21 September 2026.
  • DIICOT executed search warrants at Georgescu’s homes in Bucharest, Mogosoaia, Ciolpani, Buftea and Ilfov.
  • Prosecutors say Georgescu led a trio—including a 64-year-old Italian and 47-year-old Romanian—to defraud €1.1 million.
  • The scheme, linked to a “ghost bank,” collected €1 million and €100,000 for loans.
  • AUR leader George Simion called the arrest authoritarian and warned others could be targeted.