Featured Romania

Romanian politician and ex-president’s daughter get jail terms for money laundering, corruption

A Romanian court sentenced a former government minister as well as the daughter of former president Traian Basescu to jail on Tuesday for money laundering and instigating others to take bribes in a 2009 presidential campaign financing case. The court in Bucharest gave Ioana Basescu, a public notary, a five-year… Read More

Mexico Freezes Accounts of Romanian Riviera Maya Gang

OCCRP – As a result of a joint investigation with the U.S. Federal Bureau of Investigation (FBI), Mexico’s Financial Intelligence Unit (FIU) blocked dozens of bank accounts believed to be belonging to a Romanian gang allegedly involved in skimming ATMs in Cancun and other tourist destinations… Read More

EU to hold off on new Russia sanctions if Navalny released

The European Union will hold off from imposing fresh sanctions on Russian individuals if the Kremlin releases pro-democracy campaigner Alexei Navalny, EU foreign ministers said on Monday, sending the bloc’s top diplomat to Moscow next week. Despite calls from Baltic countries, Italy and Romania for sanctions on Russian officials in… Read More
14th January 2021
By Jullet Pineda Sleinan, OCCRP, 13 January 2021 OCCRP — A court in the United States has sentenced a Bulgarian national for his role in a multi-million dollar cyber-fraud and money laundering racket, according to a statement from the Department of Justice. OCCRP previously reported… Read More
14th January 2021
Two members of a Romanian organised crime gang made dozens of fake credit cards and used them in Dublin shops after a “deep” skim of UK bank customers’ details, a court has been told. Daniel Almajanu, 35, used a card reader and writer machine to make fake cards which Albert… Read More
25th December 2020
By David Klein, OCCRP, 23 December 2020 OCCRP — Romania’s Prince Paul-Phillipe al României is a wanted man in his own country after a court sentenced him to almost 3.5 years in prison for corruption. The prince was found to have been involved in the illegal… Read More
1st December 2020
By Will Neal, OCCRP, 30 November 2020 OCCRP — OCCRP spoke with the head of the new European Public Prosecutor’s Office about the challenges in fighting the widespread  — but often-ignored — criminal scheme. “No one’s interested in value-added tax. It’s just not sexy enough.” There’s an edge of… Read More
1st December 2020
Three weeks ago, police entered a brothel in south-east England after receiving intelligence about criminal activity there. Inside, they found eight Romanian women wearing face shields and masks, and laminated Covid-19 health and safety sheets on the wall. An industrial-size bottle of hand sanitiser stood by the front door. “On… Read More
16th November 2020
A Romanian fraud enterprise made more than $2.7 million by scamming Americans before a Kentucky money launderer-turned federal informant ruptured the operation from within. The scheme took advantage of victims who thought they were buying cars online via Amazon, AutoTrader, eBay and the like with official-looking documents to prove it. Read More
30th October 2020
A Romanian court on Thursday handed a five year prison sentence to a former parliament speaker on charges that he demanded a bribe of 1 million euros to influence the government over a key appointment. The Bucharest Court of Appeal also ordered Bogdan Olteanu, who is 49 on Thursday, to… Read More
16th October 2020
By Ana Poenariu (RISE Project) and Mohammad Bassiki (SIRAJ), OCCRP, 15 October 2020 OCCRP — The Art Deco-style mansion at 47 Paris Street in Bucharest was never going to be cheap. It measures over a thousand square meters, sits in a prime neighborhood favored by diplomats, and was built by… Read More
30th September 2020
Rosen Iossifov, owner of cryptocurrency exchange RGcoins, was convicted by a federal jury in Kentucky of two counts of conspiracy to commit racketeering and money laundering. The conviction came after a two-week trial where Iossifov was accused of orchestrating a sophisticated scheme to steal money from unsuspecting victims in… Read More
24th September 2020
A friend recommended Carmelita Roque invest her savings in Options Rider. Options Rider’s use of Australian banks gave the US Army soldier comfort her money was safe. “Seeing the money that I would be wiring would be going to a country like Australia, in my mind that was convincing enough… Read More