Denizbank CEO Resigns Amid $44 Million Ponzi Scheme Scandal
Denizbank is embroiled in a $44 million Ponzi scheme, prompting the resignation of its long-serving CEO. Discover the implications for the bank and its stakeholders.
Topic
Ponzi Scheme
A collection of 6 issues
Secil Erzan Accused in $44 Million Denizbank Ponzi Scheme
Discover the unfolding story as Secil Erzan faces accusations of orchestrating a $44 million Ponzi scheme at Denizbank. Stay informed on this major financial scandal.
Turkey Proposes 10-Year Limit for Bank CEOs Amid Scandal
Turkey's banking regulator aims to cap bank CEO tenures at 10 years to prevent future Ponzi scheme scandals. This move seeks to enhance financial sector integrity.
JPMorgan Settlement Contributes to Madoff Victim Fund
Discover how JPMorgan Chase's settlement has contributed to the Madoff Victim Fund, aiding in compensation for those affected by the notorious Ponzi scheme.
Unveiling Madoff's $64.8 Billion Fraud
Discover the staggering $64.8 billion fraud by Bernie Madoff, which remained hidden until December 2008. Explore how this infamous Ponzi scheme unfolded.
U.S. Fund Distributes $4.3 Billion to Madoff Victims
U.S. government fund releases $4.3 billion to aid 40,930 victims of Bernard Madoff's Ponzi scheme. Discover how this financial relief impacts the victims.