New development in the 'Tosuncuk' case: Release decision for 2 defendants

In the trial of 20 defendants, including Çiftlik Bank founder Mehmet Aydın and his brother Fatih Aydın, who are accused of defrauding thousands of people, it was decided that Aydın would remain in custody. While 4 people remain in custody in the case, 2 defendants were released.

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New development in the 'Tosuncuk' case: Release decision for 2 defendants

The hearing for the case in which Mehmet Aydın, nicknamed 'Tosuncuk', is being tried for allegedly defrauding thousands of people through the Çiftlik Bank system he established, was held on November 11.

The defense statements of the defendants were heard at the hearing held at the Anadolu 6th High Criminal Court. In the case where a prison sentence of 88 thousand 302 years is requested for Mehmet Aydın, 20 people, including his brother Fatih Aydın, are being tried alongside Mehmet Aydın, known by the nickname 'Tosuncuk'.

INTERIM DECISION ANNOUNCED

While it was decided that 4 people, including Mehmet Aydın, would remain in custody, 2 people were released.

WHAT HAD HAPPENED?

Initially established as an online gaming platform, Çiftlik Bank eventually turned into a system where hundreds of thousands of users invested. Users showed interest in this platform with the promise that they could earn real money in exchange for frequent visits by purchasing various animals in a virtual environment with the money they invested.

77,843 people who invested money in the system in the hope of earning more realized they had been defrauded when they could not even get back the amounts they had invested. According to the report of the Capital Markets Board, a total of 511 million TL was collected from 77,843 people, and 393.3 million TL was repaid to 62,877 people from this amount. It was stated that the remaining money was transferred to Cyprus and to the accounts of Çiftlik Bank CEO Mehmet Aydın and his wife.

Mehmet Aydın, known by the nickname 'Tosuncuk', was extradited to Turkey from Brazil, while his brother Fatih Aydın was also caught in Uruguay and brought to Turkey. In the "Çiftlik Bank" investigation, tens of thousands of years of imprisonment are requested on the grounds that the Aydın brothers defrauded a total of 4 thousand 582 people.

News Source: 12punto