Turkish Banker Accused of Turning Payment Firm into Gambling Hub Arrested

Turkish authorities arrested dozens of suspects, including BankPozitif chairman Erkan Kork, after seizing the boutique bank in a sweeping crackdown on illegal online betting.

Kork, who also serves as the chairman of digital payments provider PayFix, is accused of laundering proceeds from illegal gambling and facilitating unlawful transactions, according to the state-run Anadolu Agency. Police detained 52 people during raids across Istanbul, with 21 of them formally arrested.