Turkish citizens piled into some high-profile investment funds in recent years, lured by extraordinary gains that would make many finance professionals pause. Some of these funds offered triple-digit percentage returns or more, fueling suspicion that they were being artificially inflated. In late 2025, regulators began to take a closer look.
By mid-September, the concerns had morphed into a full-blown panic as investors rushed to withdraw their money.
Source: Bloomberg Markets · Summarized by HeadlinesBriefing