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ANKARA, September 25. /TASS/. The prosecutor in Turkey requested prison terms of up to 88.3 thousand years for the leader of the financial pyramid "Farmer's Bank" Mehmet Aydin and his accomplices for the totality of the crimes they committed.
According to the A haber TV channel, the relevant figures are named in the so-called opinion of the chief prosecutor, which the court requests from him as part of the process. The 88,000-year period includes charges in 4,414 lawsuits from each of the victims and three separate criminal episodes. In total, 20 people are involved in the case, including Mehmet's brother Aydin Fatih. Each of them, according to the prosecutor, should be sentenced to 88 thousand years in prison. They are accused of fraud using digital information systems, the creation of a criminal financial organization and the laundering of funds obtained by criminal means.
Farmer's Bank (iftlik bank) was established by Mehmet Aydin in 2016 and is headquartered in Northern Cyprus. Customers were offered an online game about a farm, where they could develop their digital farm through microtransactions of real funds, buy livestock and equipment. At the same time, the creators of the game promised that the players' money would be invested in real farms in Turkey, in the purchase of similar animals and the production of food, which can then be purchased in stores.
In 2018, the authorities studied the financial model of Farmer's Bank and concluded that it was a pyramid scheme. Mehmet Aydin fled to Uruguay with more than $100 million in customers. Ankara has issued an international arrest warrant for him. In 2021, he surrendered after coming to the Turkish embassy in Brazil and was taken home for trial.
According to the A haber TV channel, the relevant figures are named in the so-called opinion of the chief prosecutor, which the court requests from him as part of the process. The 88,000-year period includes charges in 4,414 lawsuits from each of the victims and three separate criminal episodes. In total, 20 people are involved in the case, including Mehmet's brother Aydin Fatih. Each of them, according to the prosecutor, should be sentenced to 88 thousand years in prison. They are accused of fraud using digital information systems, the creation of a criminal financial organization and the laundering of funds obtained by criminal means.
Farmer's Bank (iftlik bank) was established by Mehmet Aydin in 2016 and is headquartered in Northern Cyprus. Customers were offered an online game about a farm, where they could develop their digital farm through microtransactions of real funds, buy livestock and equipment. At the same time, the creators of the game promised that the players' money would be invested in real farms in Turkey, in the purchase of similar animals and the production of food, which can then be purchased in stores.
In 2018, the authorities studied the financial model of Farmer's Bank and concluded that it was a pyramid scheme. Mehmet Aydin fled to Uruguay with more than $100 million in customers. Ankara has issued an international arrest warrant for him. In 2021, he surrendered after coming to the Turkish embassy in Brazil and was taken home for trial.
