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Police are conducting searches at a real estate developer in Brașov, suspected of concealing more than four million lei through the sale of apartments

Riana Gegiu

4 November 2026, 12:18

Current Affairs

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Police are conducting searches at a real estate developer in Brașov as part of a case involving alleged tax fraud and fraud related to the sale of apartments. The estimated loss amounts to approximately 4.15 million lei, according to the Romanian Police, cited by Agerpres.

Investigators found that the company’s administrator allegedly promised and sold, during 2025–2026, apartments in a building completed in 2026, at actual prices higher than those stated in the notarized contracts. The underreporting of the amounts was allegedly intended to allow the application of the reduced 9% VAT rate.

The differences between the prices recorded in the documents and the amounts actually paid by buyers were allegedly collected in cash by the developer and used for personal purposes. Investigators are searching for documents, off-the-books records, storage media, and money held without legal justification.

At the end of the searches, one person is to be taken to the headquarters of the Brașov County Police Inspectorate for questioning and the imposition of legal measures. The operation is being carried out as part of Operation JUPITER, under the coordination of the General Prosecutor’s Office and the Romanian Police, with the participation of prosecutors, economic crime officers, SAS officers, and construction inspectors.

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Context: “JUPITER 6” had previously targeted several types of offenses, and similar cases also involved real estate fraud involving repeated sales

Before the Brașov case, the authorities carried out Operation “Jupiter 6” on November 2, 2026, in Bucharest and several counties, with 39 operational actions and 202 home searches, plus 23 summons warrants. The investigations were coordinated by the Prosecutor’s Office attached to the High Court of Cassation and Justice and by the General Inspectorate of the Romanian Police and targeted, among other things, tax evasion, money laundering, smuggling, corruption, sexual offenses against minors, poaching, illegal tree felling, and violations of the firearms and ammunition regulations.

During the same period, there were also real estate fraud investigations: in Iași, police investigated an alleged scheme involving estimated losses of approximately 7 million euros, in which the same apartments were allegedly promised or sold at least twice (between 2023 and 2026) to different buyers, with down payments made without the new buyers knowing that the properties had already been transferred.