Turkish Fund’s Goldman Dreams Collapse in ‘Ponzi-Like Scheme’
Tera Group, a Turkish investment bank aiming to become the 'Goldman Sachs of Turkey,' has collapsed following allegations of a Ponzi-like scheme. The brokerage's ambitious expansion plans failed as the controversy emerged.
The “Goldman Sachs of Turkey” is how they described their ambitions at the investment bank and brokerage Tera Group.
READ NEXT
More on the wire
FROM THE PUBLISHER
After the success of Backrooms, it looks like A24 is trying to cash in on yet another internet horror craze with a new installment in the V/H/S horror anthology series set in the SCP Foundation universe. But as soon as it was announced, the backlash started, and V/H/S: SCP already appears to be on shaky […]
FROM THE PUBLISHER
Walsh has been held without pretrial release after being charged with murdering her 2-year-old son.
FROM THE PUBLISHER
DFS millionaire Mike McClure shares his top daily Fantasy picks and lineups for the Week 2 NFL DFS Sunday main slate