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Six former GKFX executives arrested in a $29M fraud case

Six former GKFX executives arrested in a $29M fraud case

Six former senior executives of GKFX Financial Services Limited have been arrested in Turkey for allegedly being involved in a $29 million fraud.

The allegations against six of the former executives of the Masak-based company claim that they participated in embezzling the money from the company. Local media sources reported that the suspects manipulated the brokerage’s accounting books. (leaprate)

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