Romanian tycoon arrested: Money laundering and election fraud allegations
Romanian investigators seized seven million dollars from Bogdan Peschir, a businessman who funded Calin Georgescu Tik Tok campaign, according to Radio România Actualități.
The source reports that this action followed Saturday's raids on Peschir's Brasov residences, targeting electronic devices. At the conclusion of the hearings, prosecutors released him without further restrictions.
The Romanian Public Ministry is investigating this case for potential crimes of electoral bribery, money laundering, computer fraud, and violations of laws prohibiting fascist, racist, or xenophobic organizations and symbols.
Romanian President Klaus Iohannis declassified documents from the Supreme Council of National Defense. These documents confirm that Călin Georgescu's rise was the result of a social promotion campaign and algorithmic manipulation on digital platforms aimed at influencing elections.
Translation by Iurie Tataru