---
title: "Turkish dismay: FT podcast on investment scams"
description: "Via Financial Times Companies: Investment funds boast triple-digit returns. Retail investors enthusiastically pile in. Then – surprise! – they turn out t..."
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### Turkish dismay: FT podcast on investment scams

Financial Times Companies • September 22, 2026 at 4:00 PM ET

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Investment funds boast triple-digit returns. Retail investors enthusiastically pile in. Then – surprise! – they turn out to be scams… and implode. The story that played out in **Istanbul** last week may be as old as the city’s **Grand Bazaar**. But what does it say about financial regulation in **Turkey**, and should foreign investors be concerned?

Host **Rob Armstrong** catches up with the FT’s **Turkey** correspondent, **John Paul Rathbone**. Plus, Rob shorts the **10-year US Treasury**, while JP goes for a long swim in the **Bosphorus**.

For a free 30-day trial to the **Unhedged** newsletter go to: https://www.ft.com/unhedgedoffer. You can email **Robert Armstrong** and **Katie Martin** at \[email protected].

[Read original article](https://www.ft.com/content/43465057-ff09-4ff3-85d2-ebed45bee207?syn-25a6b1a6=1)

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