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[CRIME] · Türkiye, United Arab Emirates · 46 sources

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Turkey cracks down on IQ Money illegal betting network, arrests 206 suspects

Turkish authorities dismantled the IQ Money illegal betting syndicate led by Mustafa Duran, who was captured in Dubai and had presented a falsified London School of Economics diploma to the Central Bank of Turkey. The investigation uncovered about 155 billion Turkish lira of betting traffic and identified a complex network that used banks, electronic‑money services and crypto accounts for money‑laundering.

Coordinated operations across 28 provinces resulted in 206 suspects being detained, of whom 100 were arrested and 94 placed under judicial control. The suspects were linked to roughly 12 billion lira of financial transactions. In total, 680 operations nationwide have led to 3,231 arrests, and authorities blocked access to 47,493 illegal betting websites.

The crackdown involved the Interior Ministry, Jandarma General Command, the Financial Crimes Investigation Board (MASAK) and the public prosecutor’s offices, targeting both the betting operators and individuals who facilitated payments through platforms such as Papara and other electronic money services.

Entities

Ankara · Central Bank of Turkey · Central Bank of the Republic of Turkey · Central Bank of the Republic of Turkey (TCMB) · Dubai · IQ Money · Istanbul Chief Public Prosecutor’s Office · Jandarma General Command · MASAK · MASAK (Financial Crimes Investigation Board) · Mersin Cumhuriyet Başsavcılığı · Mustafa Duran

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