Tera Portföy and Pusula executives detained in capital markets probe

capital markets investigation money laundering investment funds liquidation Tera Portföy Pusula Finans Holding

The Istanbul Chief Public Prosecutor's Office is conducting a large-scale investigation into capital market transactions, focusing on potential money laundering and terrorism financing. As part of the probe, the prosecutor has requested detailed financial data from executives at Pusula Finans Holding AŞ, Tera Yatırım Menkul Değerler AŞ, Hedef Holding AŞ, and Bulls Yatırım Menkul Değerler AŞ, specifically targeting crypto asset transfers and international money movements since 2024.

Recent developments include the detention of Tera Portföy Chairman Erdin Özel and Tera Yatırım CEO Emir Münir Sarpyener, both of whom were previously under a foreign travel ban. The investigation has led to significant legal actions, with the number of arrested individuals reaching 51 as of September 26. Other high-profile arrests include executives from Tera Yatırım Holding and Pusula Holding.

In a related regulatory move, the Capital Markets Board of Turkey (SPK) has placed 131 investment funds into a liquidation process and suspended trading for funds managed by seven portfolio management companies. The SPK has also filed criminal complaints against 38 individuals regarding alleged manipulative transactions in certain company shares.

Entities

Capital Markets Board of Turkey · Emir Münir Sarpyener · Erdin Özel · Istanbul Chief Public Prosecutor's Office · Pusula Finans Holding · Tera Portföy

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] The SPK placed 131 investment funds from seven portfolio management companies into liquidation on September 17.
[● 9 SOURCES] The prosecutor requested financial data, including crypto asset transfers, for executives of Pusula Finans Holding, Tera Yatırım, Hedef Holding, and Bulls Yatırım. haber.doviz.com · www.yenikonya.com.tr · www.tigrishaber.com · www.yenimesaj.com.tr · www.yenisafak.com · +3 more
[● 13 SOURCES] An arrest warrant was also issued for Tera Yatırım CEO Emir Münir Sarpyener. www.yenikonya.com.tr · www.tigrishaber.com · www.cnbce.com · haber.doviz.com · www.bursatv.com.tr · +6 more
[● 3 SOURCES] The number of people arrested in the investigation has reached 51 as of September 26. www.bursatv.com.tr · www.f5haber.com
[● 7 SOURCES] Erdin Özel has been taken into custody. haber.doviz.com · www.yenikonya.com.tr · www.tigrishaber.com · www.yenimesaj.com.tr · www.yenisafak.com
[● 7 SOURCES] The investigation is being conducted by the Bureau for Investigation of Crimes of Financing Terrorism and Money Laundering. haber.doviz.com · www.yenikonya.com.tr · www.tigrishaber.com · www.yenimesaj.com.tr · www.yenisafak.com
[● 16 SOURCES] An arrest warrant was issued for Tera Portföy Chairman Erdin Özel. haber.doviz.com · www.yenikonya.com.tr · www.tigrishaber.com · www.yenimesaj.com.tr · www.yenisafak.com · +9 more
[● 7 SOURCES] The investigation includes tracking money and crypto asset transfers made by executives abroad since 2024. www.tigrishaber.com · www.yenimesaj.com.tr · www.yenisafak.com · haber.doviz.com · www.yorumla.net · +2 more
[● 3 SOURCES] The prosecutor's office requested financial data from executives of Pusula Finans Holding AŞ, Tera Yatırım Menkul Değerler AŞ, Hedef Holding AŞ, and Bulls Yatırım Menkul Değerler AŞ. www.tigrishaber.com · www.yenimesaj.com.tr · www.yenisafak.com
[● 2 SOURCES] An arrest warrant was issued for Tera Portföy Chairman Erdin Özel, who has been taken into custody. www.tigrishaber.com · www.yenisafak.com
[● 16 SOURCES] The Istanbul Chief Public Prosecutor's Office is conducting investigations into transactions in the capital markets. www.tigrishaber.com · www.yenimesaj.com.tr · www.yenisafak.com · haber.doviz.com · www.yenikonya.com.tr · +9 more
[● 7 SOURCES] Several executives, including Emre Tezmen, Emre Alkin, and Serdar Turhan, have already been arrested. www.tigrishaber.com · www.yenimesaj.com.tr · www.yenisafak.com · haber.doviz.com · www.yenikonya.com.tr