Episode Details
Back to Episodes
‘Ponzi Scheme’: Massive Financial Scandal Engulfs Turkey (S01E159)
Description
Monday, September 28, 2026, Istanbul
Turkey is being rocked by one of the worst financial scandals in its history, with some estimated that $19 billion in investor assets have been pilfered.
What’s worse, many of those allegedly involved in the collapse of Tera Investment are connected to the ruling Justice and Development Party of President Recep Tayyip Erdogan.
In the latest episode of badlands, I break down the scandal and discuss the mounting public outrage.
Also, in interviews with India’s NewsX World, I discuss a gamut of topics, including Xi Jinping’s visit to the US, Iran’s offering to return to the negotiating table with the US, Yemeni Houthis’ conflict with Saudi Arabia, and the US pressure on Cuba.
MILESTONE: Thanks to you, badlands’ channel on YouTube has amassed 1,000 subscribers, a crucial threshold in meeting the requirements for earning ad revenue. Much appreciated!
badlands is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit borzou.substack.com/subscribe