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MarketsEkonomimTurkish, translatedFiled 3 days ago

Prosecutors seek up to 211 years and 9 months in prison for Seçil Erzan

Original headlineSeçil Erzan’a 211 yıl 9 aya kadar hapis talebi

Open the sourceReported by Ekonomim, ekonomim.com, 6 November 2026

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Turkish prosecutors are seeking up to 211 years and 9 months in prison for former private banker Seçil Erzan, whose retrial continued in Istanbul after an appellate court overturned her earlier 102-year, 4-month sentence. The request was disclosed in an opinion presented during a break in the hearing. The case stems from a high-profile fraud scandal involving a secretive high-yield fund that drew in prominent Turkish footballers and celebrities. The outcome matters for Turkey’s financial sector because it tests accountability at private banks and could shape how investment products are marketed and supervised. Watch for the court’s eventual ruling and whether the appellate process further alters the sentence.

Muhabbit's AI wrote this summary in its own words from Ekonomim's report and translated it from Turkish. It can get details wrong, so check the source.

Named in this story

Seçil Erzan, İstanbul Bölge Adliye Mahkemesi