Turkey conducts major operations against money laundering and cyber fraud

money laundering cyber fraud stock market scam financial crime Turkish police operations

Turkish authorities have conducted major operations targeting large-scale financial crimes, including a massive money laundering scheme and a sophisticated cyber fraud ring.

In an investigation coordinated by the Gaziantep Chief Public Prosecutor's Office, police targeted illegal currency transfers across Gaziantep, Bingöl, and Mardin. Authorities identified 122.7 billion TL in suspicious financial movements between 2021 and 2026. The operation resulted in the detention of 27 suspects and the seizure of approximately 50 million TL in assets.

Separately, a cybercrime investigation led by the Gölcük Chief Public Prosecutor's Office uncovered a scheme where individuals posed as stock market investment managers. Using foreign phone lines and the ‘TRUST WALLET’ application, the group defrauded citizens by directing funds into shell company accounts. In one instance, a single victim lost over 4.5 million TL. Following simultaneous raids across eight provinces, 17 suspects were detained, and eight have been arrested.

Entities

Gaziantep Cumhuriyet Başsavcılığı · Gölcük Cumhuriyet Başsavcılığı · Kocaeli Emniyet Müdürlüğü · MASAK

Claims

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

[○ 1 SOURCE] Financial reports identified 122.7 billion TL in suspicious money movements linked to the suspects. www.ogunhaber.com
[○ 1 SOURCE] Police seized approximately 50 million TL worth of movable and immovable assets. www.ogunhaber.com
[● 2 SOURCES] Eight suspects were arrested following a multi-province operation against the cyber fraud network. www.karsmanset.com · www.gzt.com
[● 2 SOURCES] A cybercrime ring was dismantled for defrauding citizens by posing as stock market investment managers. www.karsmanset.com · www.gzt.com
[● 2 SOURCES] One victim was defrauded of 4,519,700 TL through the fraudulent scheme. www.karsmanset.com · www.gzt.com
[○ 1 SOURCE] Authorities conducted simultaneous operations in Gaziantep, Bingöl, and Mardin targeting smuggling and money laundering. www.ogunhaber.com