{"id":28545,"date":"2010-12-09T00:47:07","date_gmt":"2010-12-08T22:47:07","guid":{"rendered":"http:\/\/www.turkishforum.com.tr\/en\/content\/?p=28545"},"modified":"2014-01-06T00:25:40","modified_gmt":"2014-01-05T22:25:40","slug":"chattanooga-grand-jury-indicts-turkish-man-on-12-million-ponzi-scheme","status":"publish","type":"post","link":"https:\/\/www.turkishnews.com\/en\/content\/2010\/12\/09\/chattanooga-grand-jury-indicts-turkish-man-on-12-million-ponzi-scheme\/","title":{"rendered":"Chattanooga Grand Jury Indicts Turkish Man On $12 Million Ponzi Scheme"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-28549\" src=\"https:\/\/www.turkishnews.com\/en\/content\/wp-content\/uploads\/2010\/12\/fbi.jpg\" alt=\"\" width=\"186\" height=\"216\" \/>A federal grand jury in Chattanooga has returned a 19-count indictment against a Turkish man in connection with a $12 million Ponzi scheme.<\/p>\n<p>Salih Acarbulut, a Turkish national who formerly lived in Chattanooga, is being charged with wire fraud and money laundering, according to a U.S. Attorney\u2019s Office news release.<\/p>\n<p>Authorities believe Acarbulut has left the United States. He is a fugitive.<\/p>\n<p>The indictment alleges he devised a \u201cso-called Ponzi scheme,\u201d headquartered in Chattanooga, from as early as 2005 through May 2008.<\/p>\n<p>Acarbulut represented himself as an \u201cexperienced and successful foreign currency trader.\u201d He guaranteed up to a 48- percent annual return, paid monthly, on investments, according to the release.<\/p>\n<p>The indictment also states that he \u201cpromoted the scheme by conducting financial transactions with funds from his crime\u201d \u2014 money laundering.<\/p>\n<p>Information about Acarbulut can be shared with the U.S. Secret Service at 423-752-5125 or the Internal Revenue Service at 423-855-6081.<\/p>\n<p>Timesfreepress.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A federal grand jury in Chattanooga has returned a 19-count indictment against a Turkish man in connection with a $12 million Ponzi scheme. Salih Acarbulut, a Turkish national who formerly lived in Chattanooga, is being charged with wire fraud and money laundering, according to a U.S. Attorney\u2019s Office news release. Authorities believe Acarbulut has left [&hellip;]<\/p>\n","protected":false},"author":83,"featured_media":28549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[4773,1893,4772],"class_list":["post-28545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-usa","tag-acarbulut","tag-fbi","tag-money-laundering"],"_links":{"self":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/28545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/comments?post=28545"}],"version-history":[{"count":0,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/28545\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media\/28549"}],"wp:attachment":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media?parent=28545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/categories?post=28545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/tags?post=28545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}