Illegal betting and money laundering confession from Falyalı's financier: 'A network stretching from Europe to Cyprus'

Cemil Önal, the finance manager for Halil Falyalı, described the international money laundering traffic of illegal betting revenues. Mustafa Egemen Şener emerged as a notable figure in the money transfers spanning from Europe to Latin America, and from Belarus to Dubai. Here are the details...

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Illegal betting and money laundering confession from Falyalı's financier: 'A network stretching from Europe to Cyprus'

Cemil Önal, the finance manager and one of the closest associates of organized crime leader Halil Falyalı, explained in detail the multi-million dollar black money traffic circulating within the illegal betting network. Journalist Timur Soykan covered Önal's confessions and the allegations supported by documents in his column.

MONEY TRAFFIC: LATIN AMERICA - SOUTHERN CYPRUS - TRNC

According to Önal's statements, illegal betting revenues are first transferred to Southern Cyprus through shell companies in Latin America. From there, they are moved to the Turkish Republic of Northern Cyprus (TRNC).

Currency exchange offices in Turkey are one of the important links in this chain. Önal also explained in detail how black money was transferred from Turkey abroad through these exchange offices.

FROM EUROPE TO DUBAI, AND THEN TO CYPRUS

The most striking allegation concerns the route of betting money collected in Europe. According to Cemil Önal, illegal betting revenues in Europe were first transferred to Belarus, then to Dubai, and finally to Southern Cyprus.

MUSTAFA EGEMEN ŞENER AND H CASINO

It was stated that one name at the center of this financial network is Mustafa Egemen Şener. Şener appears as the legal owner of H Casino in Minsk, the capital of Belarus. He is also the owner of the betting site called Stantoto Betting.

According to Cemil Önal's allegations, Şener was a partner with Halil Falyalı at H Casino, and this casino quickly became one of the largest in Belarus. The main reason for this was the laundering of illegal betting revenues coming from Europe there.

NEW INVESTMENTS IN GEORGIA

Mustafa Egemen Şener's activities are not limited to Belarus. It is stated that he has also established two new companies in Georgia. Furthermore, it is alleged that he operates casinos in other hotels in Minsk as well.