Turkish authorities conducted a large-scale operation against illegal betting and money laundering networks. The operation was coordinated by the Anatolian Republic Chief Public Prosecutor's Office and carried out by the Istanbul Police Department's Financial Crimes Division.
According to reports from the Financial Crimes Investigation Board (MASAK), the criminal organization was coordinated by suspect I.O.O. The group generated income from pre-arranged matches and both legal and illegal betting activities.
The proceeds were transferred through cryptocurrency wallets and moved to anonymous accounts. Individuals operating currency exchange offices and jewelry sectors were also involved in the network.
The total volume of financial transactions reached approximately 192 billion lira (over 7 billion manat). On June 5, simultaneous operations were conducted in 24 provinces centered in Istanbul, and 80 suspects were detained.
Seized assets include 11 companies, 45 vehicles, 16 residences, and 11 fields. A total of 83 movable and immovable properties worth 350 million lira were confiscated. Bank and cryptocurrency accounts were frozen. Investigations are ongoing.
