Financial Crime Investigation Board

Istanbul police's anti-cybercrimes unit has conducted a large-scale simultaneous operation against 153 suspects at 88 addresses regarding forex investment fraud and has detained 132 people.

Interior Minister Süleyman Soylu has said that Türkiye is waiting for Faruk Fatih Özer's extradition, who was arrested by Albanian police for defrauding investors in his cryptocurrency platform Thodex.

The State Supervisory Board (DDK) will continue to carry out the process of the cancellation of the 2022 Public Personnel Selection Exam (KPSS), which was canceled over fraud allegation, transparently, says Yunus Arıncı, the head of the DDK.

The number of the suspects detained as part of a major operation against fraud in the iron and steel sector, named "Iron Fist," has increased to 301 from 250.

Around 250 suspects, including three alleged crime organization leaders, were detained in police raids in 29 out of all Türkiye's 81 provinces on June 28 as part of a major operation against fraud in the iron and steel sector.

Turkey is set to introduce a new system to increase the data quality in tracking suspicious transactions, in line with efforts to boost the fight against money laundering and terrorism financing, senior officials announced on April 26. 

The United States and Turkey have agreed to conduct a joint effort to cut the funds financing the Islamic State of Iraq and the Levant (ISIL), while G-20 member states have also committed to further cooperation against terror financing.

Turkey has lost some $350 billion directly and $1 trillion indirectly over the last 30-40 years due to terrorism and its spillover effects, said Finance Minister Mehmet Şimşek on Dec. 26.

Turkey has asked three unnamed banks to cooperate in the struggle against financing of terrorism and crime, Finance Minister Mehmet Şimşek says Turkey has warned three banks and urged them to cooperate more effectively with the government to share transaction data "in the fight against terrorism," Finance Minister Mehmet Şimşek said on Dec. 7.