Mine Mumcu Arrested in Istanbul Over Ponzi Scheme Defrauding 35 Million Liras From Dozens of Victims

Mine Mumcu, wanted in connection with 38 separate case files, was arrested at a cafe in the Kadıköy Suadiye district while using a fake identity, authorities said. The suspect, who had a finalized 20-year prison sentence, was taken to court after her arrest. Authorities allege Mumcu collected 35 million Turkish liras from dozens of victims, including bureaucrats and well-known figures, through a Ponzi scheme.

The suspect had reportedly presented herself as a Jewish businessperson to gain the trust of her victims. The case has drawn significant attention due to the high-profile nature of those allegedly defrauded. Police have not yet released further details about the investigation or the exact circumstances of the arrest.