Moldova’s National Anticorruption Center: Administrator of a company in Chișinău detained on suspicion of fraud and money laundering

The administrator of a company in Chișinău has been detained for 72 hours in a case involving alleged fraud and money laundering on an exceptionally large scale. The estimated damage exceeds two million lei, and several business entities are reportedly among the injured parties.

According to the National Anticorruption Center, the man allegedly presented himself as an authorized administrator and proposed that several people participate in an auction for the sale of a plot of land in Chișinău, valued at approximately seven million lei.

Investigators say the suspect allegedly requested an advance payment for the land, as well as payment of participation fees. He subsequently allegedly appropriated the money collected without completing the transaction.

As part of the investigation, anticorruption officers searched the administrator’s home and seized several items of evidence considered relevant to the case. The man was placed in detention.

The investigation is continuing to establish all the circumstances and identify all the people involved. The suspect benefits from the presumption of innocence until a final court ruling is issued.