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Turkish investment app founder will be brought to Turkey tonight: Interior Ministry

Farm Bank founder Mehmet Aydın

Mehmet Aydın, who allegedly defrauded thousands of Turks of millions of dollars via an online investment app and had recently surrendered to authorities in Brazil, will be in Turkey as of 7:30 p.m. UTC, local media reported, citing the Interior Ministry.

Turkish Interior Ministry spokesperson İsmail Çataklı on Saturday announced that Aydın, who on Thursday surrendered to law enforcement in Sao Paulo, will have been brought back to Turkey tonight.

“Mehmet Aydın was taken [in Sao Paulo] at 9:50 a.m. [06:50 a.m. UTC] this morning. The plane that will bring him tonight will be in Turkey at 10:30 p.m. [7:30 p.m. UTC],” Çataklı said.

Aydın is expected to appear in court this weekend, Turkish media reports said.

Çiftlik Bank (Farm Bank) founder Aydın surrendered after declaring his intention to turn himself in to Turkish authorities in a video posted via his lawyers on Wednesday, in which he claimed he had been wronged in the process and that he had finally decided to surrender to judicial authorities.

“When I first launched this project, my goal was to ensure that people who use our game platform would play games and at the same time benefit from the money our company allocates to advertising, thereby earning an additional income. I never intended to cause any damage to or swindle anyone,” Aydın said in the video.

Aydın added that he would surrender to the Turkish authorities “to prove his innocence and victimization,” expressing trust in the Turkish courts to make the correct judgment.

In 2019 INTERPOL had issued a Red Notice for Aydın, wanted by Turkish authorities on charges of “theft by deception by using as an instrument electronic data processing systems, bank or lending institutions,” “theft by deception of the executives of a merchant or a company or of the executives of a cooperative,” “establishing an organization for the purpose of committing crimes,” “laundering of assets acquired from an offense” and “violation of the tax law.”

In August 2016 Aydın established Çiftlik Bank, a company based in northern Cyprus that offers an online video game where users can purchase and raise farm animals, with the promise that the funds would be used for production on real farms to be established across Turkey.

An investigation launched in March 2018 based on allegations that the company operated a Ponzi scheme had led to the seizure of its assets and the arrest of some of its executives.

It was later claimed that Aydın fled to Uruguay in 2018 with more than 1.1 billion Turkish lira (around $280 million according to the exchange rate in effect at the time) collected from some 132,000 customers.

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