20 Suspects Detained in Stock Market Manipulation Operation

Istanbul’s financial police broke up an organized crime gang accused of money laundering and market manipulation, the Turkish channel NTV reported.

Turkish Capital Market Committee experts, acting on tips that there were manipulation attempts at the Istanbul Stock Exchange market, detected irregularities in the shares of five companies.

Having been informed about the irregularities, financial police teams detained 20 suspects in simultaneous operations.

The investigation into the issue in still underway.