Business · Companies · 17 hrs ago

Turkey warns fund investors about payment scams

Turkey warns fund investors about payment scams

Turkey’s Capital Markets Board has warned fund investors about scams involving funds ordered to be wound up or closed to trading.

Scammers are contacting people by phone, text message and social media.

They falsely offer to arrange or speed up payments, or give investors priority, in return for financial gain.

Only authorised institutions handle payments for these funds, and investors should not be asked for fees, commissions, expenses, identity details or bank information.

Investors should check official announcements for accurate payment information.

Anyone who encounters these approaches should contact law enforcement or a public prosecutor.

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What people are saying

SPKCapital markets regulator
Payment processes for these funds are carried out only by authorized institutions under the relevant legislation.
via Habertürk
Investors are not asked for any fee, commission or expense, nor for identity or bank details.
via Bloomberg HT