# Turkey moves to liquidate funds at centre of ‘Ponzi-like scheme’

https://mins.news/en/item/64299

- Financial Times, 2026-09-18 12:38 UTC
- Economy
- Original: https://www.ft.com/content/3943277e-eaf8-4faf-9f9c-1c05cb2ba992?syn-25a6b1a6=1

> Turkey is moving to liquidate funds at the heart of what has been described as a ‘Ponzi-like scheme’. Major local banks are set to sell assets held by the funds, which have about 300,000 investors, amid concerns that their valuations were inflated.

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