Călin Georgescu, accused in a fraud case, arrived at DIICOT

Former presidential candidate Călin Georgescu arrived at the DIICOT headquarters on Monday for questioning in a fraud case, with estimated damages of €1.1 million, after prosecutors concluded the searches at his home in Mogoșoaia.

Upon the arrival of the former presidential candidate, his supporters at the institution’s headquarters chanted: “Călin, Călin, the people are with you!” and “Călin is innocent,” according to HotNews.ro.

Călin Georgescu, taken by DIICOT from his home in Mogoșoaia and brought to the institution’s headquarters / PHOTO: INQUAM_Photos_Octav_Ganea

DIICOT claims that three people, two Romanian citizens, Georgescu and Ionel Rusen, and one Italian citizen, allegedly formed, starting in September 2021, a group operating in Romania and the United Kingdom. Its members allegedly presented themselves as businesspeople capable of obtaining financing worth millions of euros and allegedly requested guarantees from victims for supposed external loans.

Călin Georgescu, arriving at DIICOT / PHOTO: Inquam Photos / George Călin

“The evidence gathered to date has shown that, starting in September 2021, during meetings organized in the municipality of Bucharest and Argeș County, and subsequently in the United Kingdom, the members of the organized criminal group misled an injured party into believing that they could obtain financing of €6,000,000 by concluding a credit agreement with a banking institution, on the condition that a guarantee be deposited. Under these circumstances, the perpetrators induced the victim to transfer more than €1,000,000. Subsequently, under the pretext that the credit could be increased to €15,000,000, on the condition that an additional guarantee be deposited, they induced the victim to transfer another amount, €100,000,” DIICOT’s statement says.

Răzvan Leu, the businessman from Buzău who filed the criminal complaint underlying the DIICOT case, said that he lost €1.1 million in an alleged scam involving Călin Georgescu. He claims that the sum was paid as an advance for a €6 million external loan intended for business investments.

Călin Georgescu’s case allegedly has links extending as far as Russia

According to the information obtained so far, the money transferred by Răzvan Leu ended up in an account opened at Incore Bank, a Migom Bank account in Switzerland.

The businessman filed a criminal complaint. DIICOT officially emphasizes that the money was transferred into the account of another entity, headquartered in Dominica.

Judicial sources indicate that this concerns the financial entity Migom Bank, an offshore structure in Dominica controlled by Swiss national Thomas Schatti.

Prosecutors claim that MIGOM BANK is, in fact, an entity controlled by Russians through Swiss national Thomas Schaetti, reports G4Media.

According to the cited source, the turning point in the rise of this network was allegedly Schaetti’s association with businessman Andrei Kochetkov, a former graduate of the KGB Academy in Moscow who settled in Austria as early as the 2000s, according to information from G4Media.

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Călin Georgescu allegedly planned to move to Italy and request political asylum after judicial supervision expired

Investigators found two jamming devices in Călin Georgescu’s car / Searches continue at the home of the former presidential candidate

The businessman in Călin Georgescu’s case claims he was defrauded of €1.1 million by the former presidential candidate