Accused of stock market manipulation: The scale of the fraud has been revealed
Details have emerged from the investigation into Hasan Meşe and 18 others accused of manipulating the stock market. According to the case file, the suspects carried out a fraud amounting to 26 million liras in a single stock. Meşe's daughter and brother are also among the suspects.
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Halktv.com.tr has obtained details of the investigation into Hasan Meşe and his associates, who are accused of manipulating the stock market. The group, led by Meşe, is accused of manipulating several stocks. According to the case file, the suspects made a profit of 26 million liras from a single stock in just a few days. Meşe's brother and daughter are also among the suspects in the case.
According to the report on halktv.com.tr, an operation was carried out the day before yesterday against Hasan Meşe and his group, who are among those accused of manipulating stocks purchased by tens of thousands of small investors. There are 18 suspects within the scope of the investigation.
The statement of Muhammet Meşe (55), one of the suspects questioned as part of the investigation conducted by the Istanbul Chief Public Prosecutor's Office, has been revealed. Among the first questions directed at Meşe during his interrogation by the Financial Crimes Bureau were questions regarding one of the manipulated stocks.
A 281 PERCENT INCREASE THROUGH INTERVENTION!
The stock in question is Başkent Doğalgaz Dağıtım AŞ, which is traded on Borsa Istanbul. According to the questions directed at Meşe, Hasan Meşe and those acting in concert with him made large-scale purchases and sales of the stock between October 26, 2021, and November 5, 2021.
With these purchases, the stock increased by 281.38 percent. During the same period, the increase in the index was 5.17 percent. The stock, which was 9.97 liras, reached 38.03 TL.
26 MILLION PROFIT FROM A SINGLE STOCK!
According to the Capital Markets Board (SPK) investigation, Hasan Meşe and his group bought 310 million 361 thousand 555 TL worth of the stock and sold 320 million 991 thousand 805 TL worth. After the sales, the Başkent Doğalgaz stock, which had been pushed up to the 38 TL level, fell to 11.39 TL.
This level is considered to have caused significant losses for thousands of small investors. According to the findings, the suspects made a profit of 26 million 331 thousand 631 TL during the process.
HE SAID HE HAD NO INVOLVEMENT, BUT HE MADE 40 THOUSAND 316 TRANSACTIONS
Muhammet Meşe claimed he had no involvement in the transactions. However, according to the SPK investigation, Meşe carried out 40 thousand 316 buy-sell transactions during the period in question. During Meşe's interrogation, it was also understood that a luxury vehicle purchased under his disability quota was used by his brother, Hasan Meşe.
HIS DAUGHTER AND BROTHER WERE ALSO DETAINED
Within the scope of the investigation, in addition to Hasan Meşe, his daughter Hümeyra Meşe, his brother Muhammet Meşe, real estate consultant Şemsettin Günaltay Erikel, Kenan Yüksek, Mehmet Özcan, Tayfun Büyük, Ramazan Uslu, Oğuzhan Çakıroğlu, Hasan Bacak, Bektaş Üşümüş, Mahmut Nevfel Elgün, Selman Çakmak, Mehmet Ünal Çevik, İlhan Küçük, Alaaddin Sevinç, Musa Şimşek, and Kurtuluş Doğanay were among those detained.