Business · Companies · 17 hrs ago
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.
Turkey’s Capital Markets Board warned investors about scams targeting people whose funds are being liquidated or have been closed to trading.
Scammers are contacting investors by phone, text message and social media.
They falsely promise to arrange or speed up payments, or give investors priority, in return for financial gain.
The board said only authorized institutions handle these payment processes, and investors are not asked for fees or personal and banking information.
It urged investors to rely on official announcements and report such approaches to law enforcement or public prosecutors.
- Who
- Turkey’s Capital Markets Board (SPK) warned investors targeted by the scams.
- What
- Scammers claim they can arrange or speed up fund payments, or secure priority, to obtain money.
- When
- The board said the attempts had occurred recently. Its warning was published on November 9, 2026.
- Where
- Investors are being contacted by phone, text message and social media. The affected funds are distributed through TEFAS and other channels.
- Why
- The scammers seek financial gain through false promises.
This story does not have two clearly opposing sides.
The board said people invested in funds being liquidated or closed to trading were contacted with false promises about payment assistance or priority.
The Capital Markets Board issued its warning about the scam attempts.
- Contact methods
- Phone, text message and social media
- Affected funds
- Funds ordered to be liquidated or closed to trading
- Payment authority
- Only authorized institutions
- Charges or information
- No fees, commissions, expenses, identity details or bank details should be requested
- Reporting
- Law enforcement or public prosecutors
What people are saying
Payment processes for these funds are carried out only by authorized institutions under the relevant legislation.
Investors are not asked for any fee, commission or expense, nor for identity or bank details.