Turks Chase Lost Savings as Fund Scam Snares 455,000 Investors

Two weeks after putting his savings into a high-flying Turkish stock fund on the advice of a relative, Mehmed Kervanci was frantically hitting the sell button on his phone’s trading app.Two weeks after putting his savings into a high-flying Turkish stock fund on the advice of a relative, Mehmed Kervanci was frantically hitting the sell button on his phone’s trading app.