Story thread · 2 reports / 1 sources

Turkey busts Israel-linked 'scam empire' behind alleged $266m fraud

middleeasteye.net · 3h · first reportShare

Turkey busts Israel-linked 'scam empire' behind alleged $266m fraud Submitted by Ragip Soylu on Fri, 09/18/2026 - 13:29 Dawn raids coordinated with Turkish intelligence and Interpol targeted an operation accused of defrauding victims across three continents Turkish anti riot police officers in Istanbul during a demonstration on 8 September 2025 (Kemal Aslan/AFP) Off Turkish security forces busted an Israel -linked fraudulent trading network that allegedly defrauded people in Europe, the Far East and Africa of at least $266m over the past two years, Turkish Justice Minister Akin Gurlek said on Friday. Gurlek said in a statement that the forex fraud investigation targeted 42 call centres operated by 28 companies and involving 239 suspects. "An organised fraud network targeting multiple countries was uncovered after we determined that individuals with links to Israel were the principal owners and ultimate beneficiaries of the companies in question," he said. Dawn raids were conducted at 2