Baku, Azerbaijan, March 28
By Rufiz Hafizoglu – Trend:
Bank accounts of 20 companies that had contacts with Ciftlik Bank, which is accused of fraud, were blocked in Turkey, Turkish media reports on March 28.
Presently, investigations are underway in 35 companies, according to media. Names of the companies, whose accounts were blocked, are not reported.
Previously, it was reported that 27-year-old Mehmet Aydin, the founder of Ciftlik Bank, fled the country with money collected in two years from the "financial pyramid".
Ciftlik Bank promised its customers a high income, which was provided thanks to the influx of new participants.
Everyone who contributed 200,000 Turkish liras was promised 50,000 liras as interest monthly.
Mehmet Aydin, along with his brother Fatih, were able to flee Turkey. During the activity, a total of 511 million liras were collected from 77,843 people.
(1 USD = 3.9829 TRY on March 28)
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