How ‘Ponzi’ stock scheme in Turkey collapsed: 4 things to know

Foreigners hold 33% in equity market facing potential downgrade to 'frontier' status Around one-third of Turkish equities are held by foreign investors. © Reuters ISTANBUL — Turkish officials are holding talks on Thursday about compensation to over 450,000 investors who have lost billions to what the government called a "Ponzi-like scheme" in the stock market.

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