The strangest fraud story .. a Turkish young man "scammed" 80 thousand people with $100 million مليون
The curtain came down on one of the strangest stories of organized fraud in the world, after the surrender of the young Turkish man, Mehmet Aydin, nicknamed "Tusunguk", to the Turkish Consulate in the Brazilian city of Sao Paulo.
Aydin expressed his readiness to appear before the Turkish court.
According to "Sky News Arabia", "Tusunguk" was wanted by Interpol for a long time, on accusation of embezzling funds estimated at about $100 million, collected from nearly 80,000 Turkish citizens, from shareholders in the virtual "Civtlik Bank", which was founded by Tusunguk, and sells Via it animal and agricultural products by default.
The story dates back to 2016, when Tosunguk established a virtual bank under the name “Cifteltec Bank”, and he was only 27 years old at the time, and he was from the Turkish city of Bursa near Istanbul.
Before that, he was working in Istanbul as a popular “rapper” singer, but he founded the bank that drew his idea from social media games.
The aforementioned bank allowed its shareholders to buy eggs, meat, sheep, cows and goats, but by default, so that each shareholder would have something like a virtual barn through which he could collect and resell what he owned, but the bank was giving shareholders fantastic profits as a result of their financial contributions, amounting to more than 25 percent per year.
Tosunguk Bank gained enormous popularity 6 months after its formation, with nearly half a million investors participating in the bank’s shares, and the bank was offering “real” incentives directly during that first period, so that during the peak of its rise, it generated profits estimated at about 120 percent of trading operations.
But at the same time, the bank was imposing time restrictions on the possibility of resale, which it considered the shelf life of the material being purchased, so that the sheep could not be sold before one year had passed from its purchase, the goats after two years, the meat after six months, and so on.
Nearly a year after the peak of the virtual bank's popularity, its ability to pay investors willing to give up their virtual properties has weakened, forcing more shareholders to speed up the sale, while Tosunguk has been working to transfer more funds to linked offshore accounts.
Suddenly, Tosunguk disappeared from view, and with it, 1.3 billion Turkish liras of depositors' money (about 200 million US dollars), which were investment funds for nearly 80,000 depositors, vanished.
The Turkish public prosecutor was able to recover about half of the amount by arresting 18 executives of the bank, and seizing their money.
Throughout the years that Tosunguk was in hiding, many in Turkey shared several accounts of the whereabouts of Tosunguk, including the United States, Uruguay, Brazil and the Republic of Cyprus.
To the frustration of investors who lost their money, media platforms published a picture of him living a very luxurious life on the beaches and in luxury villas.
In media statements in response to the accusations against his client, Tusunguk's defense lawyer, Sheikhmus Ultosh, rejected the charges against him, stressing that he did not intend to defraud and harm depositors, but rather that his economic institution suffered failure due to the general conditions of the country.
But many rejected this hypothesis, considering that Tosungok surrendered to the official authorities only after he was sure that the international body Interpol was close to him and able to arrest him.
Turkey witnesses similar public frauds periodically, so that fraud stories take up a wide space in the Turkish daily press, but the strange thing about the story of "Tusunguk" is his young age, and the ages of his collaborators, so that none of them was over thirty years old.
Also, the quality of victims was the largest in the history of fraud in the country's history.
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scam story