Turkey is implementing a plan to compensate retail investors affected by a recent fund crisis that led to the liquidation of many funds. The Capital Markets Board has approved interim payments up to 1 million lira per eligible investor, calculated on their net investment. Funds associated with Tera, Pusula, Atlas, and Hedef are included in this compensation scheme. Money market funds will be paid first, followed by others in descending order of investor count. These payments are advances against ultimate recovery from the fund liquidations.Simultaneously, Turkey is introducing "Voluntary Return Accounts" for individuals who profited from pre-liquidation share sales to return excessive gains. A separate "General Share Refund Account" is for those wishing to return profits from speculative stock trading. The government also plans to seize assets deemed proceeds of crime. This approach essentially asks investors who benefited from market gains to contribute to compensating those who lost money. This strategy has drawn criticism, questioning the definition of "excessive" profit.There are also leniency provisions for those who pay double their gains within 15 days, with the funds going to the Treasury. Investigations have revealed significant sums wired to Swiss banks by arrested fund managers just before the defaults. The article highlights several individuals allegedly involved in market manipulation and profiting immensely from inflated stock prices, including a deputy chair of the ruling AKP. The enforcement response has involved asset freezes, some of which were later lifted, and arrests for social media posts deemed to be market manipulation. The scheme involved funds piling into illiquid stocks, artificially inflating prices until regulatory changes forced sales into an illiquid market.