Investment Fraud Operation in Balıkesir: 12 Arrested

An investigation into a massive investment fraud scheme has led to the arrest of 12 individuals in Balıkesir, Turkey. The operation was triggered when a citizen reported losing 7,811,806 lira after responding to an investment advertisement seen on social media.

Following the complaint, police teams uncovered that the companies where the victim sent money were operating as fronts with no insured employees. This revealed a sophisticated scheme designed to deceive investors.

Authorities identified 44 suspects in total, with their combined transaction volume estimated at approximately 860 million lira. During the operation, police apprehended 37 suspects. A court ordered 12 of them to be taken into custody, while 16 were released under judicial control measures.

Further investigations are ongoing to locate the remaining 7 suspects. The Ayvalık Chief Public Prosecutor's Office is overseeing the case, which highlights the growing threat of online investment scams.