Turkish Fund’s Goldman Dreams Collapse in ‘Ponzi-Like Scheme’

The “Goldman Sachs of Turkey” is how they described their ambitions at the investment bank and brokerage Tera Group.

By Ugur Yilmaz and Kerim Karakaya · Bloomberg Markets

The “Goldman Sachs of Turkey” is how they described their ambitions at the investment bank and brokerage Tera Group.