Here Is the Article that Initiated the Fund Investigation! Istanbul Chief Public Prosecutor's Office Sent a 'Confidential' Memorandum to the Capital Markets Board on August 19 - Sözcü Newspaper
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11 Articles
The behind-the-scenes details of the massive investigation, known in the public as the "funding investigation," which has been in the news recently due to a series of legal measures, have been revealed.
Behind the Scenes of the Fund Crisis that Shook 800,000 Investors: It All Started with that Article.
The origins of the "fund crisis," which caused a major stir in capital markets and reportedly affected hundreds of thousands of investors, have been revealed. A critical memorandum sent by the Istanbul Chief Public Prosecutor's Office to the Capital Markets Board (SPK) ignited the investigation.
A confidential memorandum sent by the Istanbul Chief Public Prosecutor's Office to the Capital Markets Board (SPK) revealed the behind-the-scenes details of the massive "fund investigation." The Chief Public Prosecutor's Office, which identified abnormal increases in share values on the Istanbul Stock Exchange (BIST) of up to 100 times, listed manipulative purchases made through funds, the enormous discrepancy between companies' equity and stock…
The article in question includes findings and allegations regarding price increases of up to approximately 100 times in some stocks, while the Capital Markets Board (SPK) is conducting a comprehensive investigation into the companies, funds, and transactions carried out...
Economy - Details of the fund investigation, which has caused widespread public outcry, have emerged. In a letter sent to the Capital Markets Board (SPK) by the Istanbul Chief Public Prosecutor's Office, it was determined that some shares on the Istanbul Stock Exchange were inflated by up to 100 times through the use of funds.
The behind-the-scenes details of the "fund crisis," in which a $27 billion fund was liquidated and approximately 800,000 investors were affected, have emerged. It has been learned that the investigation began with a memorandum written on August 19th.
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