Romanian cops reveal details of Andrew Tate’s £10million fortune
Romanian police have revealed details of Andrew Tate’s wealth as they today indicted him and three others on human trafficking and rape charges.
Despite the misogynist influencer previously claiming to be a ‘trillionaire’, a press release from Romania‘s anti-organised crime prosecution’s unit DIICOT suggested Tate’s true fortune was more likely around £10 million.
As part of the indictment, prosecutors ordered the confiscation of luxury assets from the Tate brothers including 15 high-value cars, 14 luxury watches and about £440,000 held in cryptocurrency, the agency’s statement said.
DIICOT has been investigating Tate, his brother Tristan and two female Romanian acquaintances – Luana Radu and Georgiana Naghel – since last year.
The agency ‘ordered the indictment’ of the four defendants for offences, including ‘setting up an organised criminal group… trafficking in persons… rape’, they said.
The four were arrested on December 29 and held until March 31 before a Bucharest court put them under house arrest. Earlier this month, DIICOT notified the Tate brothers that the human trafficking charge had changed to trafficking in continued form, a DIICOT spokesperson said on June 13.
They have now been formally indicted, which means they will appear before a judge. The trial will not start immediately, and could take several years.
Andrew Tate has also been charged with raping one of the victims, while his brother Tristan has been charged with instigating others to violence. The brothers and female associates have denied all allegations of abuse and trafficking.
Investigators are also continuing to probe their finances, with investigations on-going into alleged money laundering linked to the brothers.
In total, the assets seized by DIICOT are estimated to be worth around £10 million, according to The Sun Online, citing sources.
While still a significant amount of money, it is much less than Tate has previously claimed to be worth. In the past, he has bragged about a fortune ranging from £100 million to being the self-proclaimed ‘world’s first trillionaire.’
The DIICOT indictment suggests his fortune is much smaller, however.
According to the source quoted by The Sun Online: ‘The biggest assets of Tate brothers are their cars – which are estimated to be around £8 million.
‘Their houses and lands are also estimated at more than £2 million,’ they added.
‘As for their account,’ the source told the publication, ‘further investigations are to be made, as there is also another file on their names for money laundering, a file which is far from being ended.’
The assets listed in the indictment include: ’15 lands and buildings located within the [Romanian regions] of Ilfov, Prahova and Braşov, 15 luxury cars, 14 luxury watches, 2 ingots and a medal, the social shares owned within 4 commercial companies.’
It said the shares within four commercial companies were in different currencies, in the amounts of 86,580 Romanian lei (£15,000), 52,650 euros (£45,000), 17,430 US dollars (£13,500) and 10,370 British pounds – a total of around £84,000.