# Turkey detains Tera chairman amid ‘Ponzi-like’ fund probe involving 450,000 investors

https://mins.news/en/item/70441

- euronews, 2026-09-23 10:33 UTC
- Economy
- Original: https://www.euronews.com/2026/09/23/turkey-arrests-tera-chairman-as-ponzi-like-fund-probe-affects-450000-investors

> Authorities in Turkey took Tera Yatirim Menkul Degerler AS’s chair into custody on Wednesday morning. The brokerage is central to the country’s ongoing investment-fund scandal; more than $18 billion (€15.7 billion) belonging to over 450,000 people is currently being liquidated.

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