The gang was found to have made between $8 billion and $10 billion in illegal profits from a timeshare fraud operation that was carried out simultaneously in Adana, Aydin, Istanbul and Kutahya provinces, with Yalova as its base, and in which 11 people were arrested.
Among those detained was well-known actor Yusuf Atallah, who was identified as a “line manager” and head of the marketing team of the organization, whose chairman of the board of directors, Orhan Karadereli, was allegedly heading, Karadereli Group of Companies.
On the other hand, it was also discovered that the group had been paying complaint sites to have complaints deleted.
According to the information received, the Chief Prosecutor’s Office of Yalova has taken action on hundreds of complaints it received.
A team from the Regional Police’s Combating Smuggling and Organized Crime (KOM) Branch Directorate conducted a two-year secret investigation into the case, which has revealed tens of thousands of victims, under the coordination of Public Prosecutor General Yalova.
As a result of the evidence they received, police have taken steps to dismantle the organisation, which is accused of “establishing a criminal organisation for profit-making purposes, qualified fraud, bribery and tax offences”.
They founded 21 different companies.
Crime gang leader Orhan Karadelili, who set up 21 different companies to protect his victims from legal trouble, was caught up in the operation at an ultra-luxury villa in Suadiye, Istanbul.
It was discovered that Caradelliri had front companies set up by close friends, his brother, brother-in-law and son-in-law.
These shell companies were found to have illegally divided share titles in the Termal district of Yalova, Emet district of Kütahya, Kusadasi district of Aydın and Bodrum district of Muğla, and defrauded citizens with promises of holidays.
Sold to tens of thousands of people
It turns out that the company first split the timeshares into 100 shares and then held one of those shares for itself. It turns out that the company split the shares it held into 100 shares and then sold 99 shares in the same way, leaving 1% of the shares for itself. In this way, it turns out that the company had fraudulently sold timeshares to tens of thousands of people multiple times.
It turns out that Yusuf Atallah is the organization’s marketing director.
It was revealed that the head of marketing for the criminal gang, which entertained the victims at the Terma City Hotel in the Termal district, who had claimed they had “earned free holidays” through the Internet, telephone and SMS, was a famous actor, Yusuf Atala, who was nicknamed “Line Manager”.
Atala, who turned out to be Orhan Kardereli’s brother-in-law, was reported to be one of the organization’s key figures.
It is estimated that they are defrauding 4.5 million TL per week.
The criminal organization, which is believed to have acquired around 8-10 billion lira in illegal assets, is estimated to be defrauding citizens of an average of 4.5 million liras per week. It was discovered that the suspects placed fake buyers’ families at sales venues and exerted psychological pressure on their victims.
At the sales desk, they would persuade victims by selecting personnel who matched their lifestyle, way of thinking, and clothing. It was discovered that the suspects used the “ap” code for family members, the “rap” code for promotion specialists, and the “admin” code for contract writers.
Meanwhile, after receiving numerous negative complaints on the complaint sites, the company contacted the operators of the sites in question and had them removed. It has also been reported that payments were made to the sites that removed the complaints.
