The founder of a company and her mother, who worked as an accountant for the business, are accused of forgery and fraud. They allegedly caused damages exceeding 600,000 lei and face up to 16 years in prison, IPN reports.

According to prosecutors in Falesti, the company founder and the accountant falsified official documents to illegally transfer real estate assets to another company. The latter was 100% owned by one of the defendants.

The women, aged 37 and 57, altered the reorganization documents of the initial company by replacing pages and forging signatures, misleading the other business partners.

Based on the falsified documents, they obtained property registration for land and buildings in Falestii Noi commune, causing a total loss of 615,913 lei to the limited liability company.

Both defendants plead not guilty.