Shocking details emerge regarding Seçil Erzan's Ponzi scheme
New facts have emerged about banker Seçil Erzan, who allegedly defrauded 18 people, including famous footballers such as Arda Turan, Emre Belözoğlu, Muslera, and Selçuk İnan, out of millions of dollars. Erzan, who deceived athletes by using the name of Galatasaray, reportedly began her Ponzi scheme in 2011.
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It has been determined that banker Seçil Erzan, who faces up to 226 years in prison on charges of fraud through the "Fatih Terim Fund," began taking money from acquaintances under the guise of investment in 2011 to cover losses in the stock market, and that this system reached a dead end in 2021.
New details have emerged regarding the fraud case, which involved the collection of millions of dollars through a "Ponzi scheme" and is known to the public as the "Fatih Terim Fund."
The trial, in which banker Seçil Erzan is being prosecuted with a request for up to 226 years in prison, and which includes 18 complainants and 8 suspects—including names such as Arda Turan, Emre Belözoğlu, Fernando Muslera, and Selçuk İnan—began last week.
According to a report by Can Bursalı from Gazete Duvar, based on the August 18 report by the Banking Regulation and Supervision Agency (BDDK), 43 million 920 thousand dollars and 15 million 625 thousand liras were collected, while according to a table stated to have been found in Seçil Erzan's home, 55 million 633 thousand dollars were collected.
However, the amount repaid in the same table appears as 45 million 59 thousand dollars. In other words, the fate of 10 million 574 thousand dollars is unknown.
MONEY TRAFFIC STARTED TO GO WRONG
In her statement to the prosecutor's office, Seçil Erzan stated that she began taking money from people she knew under the promise of investment in 2011 to cover stock market losses, but that this system reached a dead end in 2021.
Erzan said that the money traffic she was managing went completely wrong in 2023.
The money traffic reflected to the public as the "Fatih Terim Fund" began in May 2022 and continued until April 2023. However, as understood from both Erzan's statement and the BDDK's August 18 report, this system was not applied for the first time.
SHE USED GALATASARAY'S NAME
Sevgil Sinih, who is mentioned in the BDDK report but not in the indictment, states that Erzan took money from her by mentioning a fund that also included Galatasaray footballers.
The following statements regarding Sinih are included in the BDDK report:
"Communication was established between the bank and Sevgil Sinih on 17.04.2023. In this communication, Sevgil Sinih stated that she had known Seçil Erzan since childhood, that they had 1,800,000 TL from a field sale in 2017, that in 2019 Seçil Erzan came to their home and recommended a fund that also included Galatasaray footballers, that as a result they withdrew the money from another bank and gave 2,250,000 TL to Seçil Erzan in cash in front of the Florya Branch, that she paid 1.3 million TL in a bag in December 2021, and that they could not receive any other money."