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Romanian prosecutors indict former presidential frontrunner on fraud charges

By Thomson Reuters Nov 12, 2026 | 8:45 AM

BUCHAREST, Nov 12 (Reuters) – Romanian prosecutors said on Thursday they had indicted Calin Georgescu, the pro-Russian former frontrunner in ​the country’s 2024 canceled presidential election, ‌on charges of orchestrating a €1.1 million ($1.2 million) fraud scheme.

Prosecutors said Georgescu managed an organized crime group that prompted a Romanian businessman to give them €1.1 million by ‌making ​him believe they could help ⁠him get a ⁠credit line of up to €15 million from a foreign financial institution.

Georgescu has been in pretrial detention since late September. In posts ​on Georgescu’s Facebook account, his wife, Cristela Georgescu, denied the charges and said they ⁠were politically motivated.

Romania canceled ⁠its presidential election in December 2024 ​on account of suspected Russian interference in favour ​of Georgescu, a strong critic of ‌NATO, Brussels and Western support for Ukraine. Moscow denied the accusations of meddling in the election.

The ballot was re-run in May 2025, ⁠and pro-European Nicusor Dan won it to become president.

Georgescu, who was banned from running again but ⁠remains popular, ‌is already on trial in ⁠two separate cases, one on charges ​of ‌attempting to disrupt national security ​after the ⁠election was canceled, the other on charges of promoting Romania’s 1930s fascist leaders, which is illegal. He has denied wrongdoing in both cases.

($1 = 0.9027 euros)

(Reporting by Luiza Ilie; Editing by ​Xevi Fontdegloria)