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Macro Finance

Turks Chase Lost Savings as Fund Scam Snares 455,000 Investors

Bloomberg Markets·September 23, 2026·1 min read

Mehmed Kervanci, who invested his savings in a Turkish stock fund on a relative's advice, was frantically trying to sell his holdings two weeks later as a fund scam ensnared 455,000 investors. The scheme has left many Turks chasing lost savings amid widespread financial losses.

Read at Bloomberg Markets
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