Turkey arrests Tera CEO: Investigations into "Ponzi-like" funds affect 450,000 investors
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The CEO of Tera Yatirim Menkul Degerler AS has been arrested in Turkey. The brokerage firm is accused of an investment scandal involving funds worth over $18 billion affecting more than 450,000 investors. Authorities are investigating "Ponzi-like" methods and have frozen assets.
Source: euronews.com
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