Seven suspects were arrested in the stock market manipulation investigation.

Seven suspects were arrested in the stock market manipulation investigation.

21.05.2025 22:12

In the investigation of stock market manipulation conducted by the Istanbul Chief Public Prosecutor's Office, a person alleged to be the leader of the organization and six suspects were caught while attempting to flee abroad in Fethiye, Muğla.

In Istanbul, as part of the investigation into individuals manipulating the stock market, the person alleged to be the leader of the organization and 6 suspects were caught in Muğla Fethiye while attempting to flee abroad.

The Istanbul Chief Public Prosecutor's Office stated that between March and September 2022, there were fluctuations in the number of investors, trading volume, and stock prices of a publicly traded company that were contrary to the ordinary course of life, that artificial increases harmed small investors, and that the investigation into the criminal activities conducted by the organized group of suspects regarding market fraud is ongoing.

7 SUSPECTS ARRESTED

As part of the investigation, teams from the Financial Crimes Unit of the Istanbul Police Department initiated efforts to capture the suspects. In an operation conducted in Muğla, centered in Istanbul, Ü.B., who is alleged to be the leader of the organization, and the 6 suspects accompanying him were caught while trying to flee abroad from Fethiye.

The detained suspects were brought to the Istanbul Police Department.

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