One of Türkiye’s main non-public banks refuted allegations Tuesday that it performed a task in an alleged rip-off concentrating on quite a few soccer stars, together with Arda Turan and Fernando Muslera, orchestrated by a former department supervisor via a pyramid scheme.
Seçil Erzan, the ex-branch supervisor of Denizbank, is going through a 216-year jail sentence, as sought by an Istanbul prosecutor, on prices of defrauding a gaggle of celebrities, together with Turan, the previous Barcelona midfielder and Galatasaray goalkeeper Muslera.
The October indictment outlines that Erzan allegedly swindled roughly $44 million from 18 people, engaging them with guarantees of considerable returns on investments in a purported “secret special fund.”
According to the indictment, Erzan persuaded soccer stars to take a position by claiming that iconic former participant and Turkish nationwide staff coach Fatih Terim had additionally invested within the fund.
She partly paid among the returns to among the buyers, however she did not pay any returns or principal cash to many of the buyers, in accordance with the indictment.
Erzan pleaded responsible, however stated in mitigation that she paid again the principal cash of virtually all buyers. She was not in a position to pay among the returns she promised, she stated.
In a press release issued on Tuesday, Denizbank categorically denied any data of the fund, emphasizing that each one transactions occurred outdoors the banking system. The financial institution additionally rejected allegations that its board members have been conscious of or concerned within the scheme.
Denizbank observed the transactions on April 7 when among the alleged victims notified the financial institution about Erzan’s fund. The financial institution promptly handed over its inside investigation file to the prosecutor’s workplace on April 10, the assertion stated.
“There is no record of that pyramid scheme at DenizBank,” it stated.
Erzan, who has been in custody since April 11, and 6 different people are accused of “aggravated fraud” and “document forgery.”
Denizbank is owned by Dubai’s largest lender, the Emirates NBD, which acquired the Turkish financial institution from Russia’s Sberbank in 2019 for about $2.7 billion.
Source: www.dailysabah.com