Trustee appointed to Turkey’s GAİN Media |
A trustee has been appointed to run Turkey’s GAİN Media, as part of an ongoing investigation into illegal betting networks across the country.
GAİN Media, founded in 2020, is primarily known for producing short 5-15 minute videos on pop culture-related topics.
Three GAİN employees were arrested by authorities in a raid early Tuesday (December 16). GAİN is accused of ‘aggravated fraud’ and ‘laundering money of assets derived from crime’, according to a statement released by Istanbul’s Chief Prosecutor.
GAİN’s assets have been temporarily transferred to the trusteeship of Turkey’s Savings Deposit Insurance Fund (TMSF). TMSF has been appointed as trustee to a total of seven companies targeted in Tuesday’s operation.
The trustee takeover of GAİN follows several notable developments in........