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Turkey moves to liquidate funds at centre of ‘Ponzi-like scheme’

Big local banks to sell assets in funds held by 300,000 investors amid fears of inflated valuations

1 report1 sourceSep 18, 2026, 12:38 PM
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Financial TimesSep 18, 2026, 12:38 PM

Turkey moves to liquidate funds at centre of ‘Ponzi-like scheme’

Big local banks to sell assets in funds held by 300,000 investors amid fears of inflated valuations

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