U.S. Will Return $1.2 Million to Romania from Funds Forfeited from Tax Fraud and Laundering Scheme

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Friday, September 2, 2022
Author: 
Bruce Zagaris
Volume: 
38
Issue: 
9
Abstract: 

On August 26, 2022, the United States Department of Justice announced that more than $1.2 million in forfeited funds from an international corruption-based tax fraud and money laundering scheme will be returned to the government of Romania.  The U.S. government realized the money from the sale of property located in the State of Washington that were owned by a Romanian couple, who the U.S. extradited to Romania.[1]



[1]    U.S. Department of Justice, $1.2 Million to Be Returned to Romanian Government, the Victim of an International Tax Fraud and Money Laundering Scheme, Press Rel. 22-923, Aug. 26, 2022.