1 of 1
Story summary
- Founder Emre Tezmen of Tera Yatirim will be held in custody pending trial.
- Authorities arrested board members Kerem Alkin, Emre Alkin, Alper Öztürk, and chairman Serdar Turhan.
- Capital Markets Board ordered liquidation of 131 funds for 455,758 investors, extending sales to six months.
- Borsa Istanbul All Shares index fell 12% since last week, with about 50 stocks down 40% or more.
