Fraudster claims to have invented turbulence-preventing chip, defrauds investors out of 20 million liras

Fraudster claims to have invented turbulence-preventing chip, defrauds investors out of 20 million liras

A fascinating but misleading narrative has unfolded in Istanbul, resembling a plot match for the silver display. Çiğdem Ilgün, a self-professed physics graduate, orchestrated a scheme that promised a groundbreaking answer whereas finally ensnaring unsuspecting victims in an online of fraud.

Presenting herself as a distinguished physics engineer, İlgün initially portrayed herself to household and acquaintances as a distinguished educational, even asserting a place as a lecturer at Marmara University. Under the guise of a profitable scientist, she launched into a grand fabrication, asserting that she had conceived a revolutionary innovation – a chip christened “CAFA CHIP” – purportedly able to preemptively quelling turbulence in plane.

According to her narrative, this ingenuity heralded a brand new period in aviation security, as pilots can be alerted to approaching turbulence, permitting for rerouting and optimum security measures. Her audacious claims had been bolstered by a rigorously orchestrated marketing campaign, which she propagated on her Instagram account, fostering an air of credibility round her.

Ilgün took her audacious claims additional, alleging that her anti-turbulence challenge had garnered important curiosity from home and worldwide corporations, resulting in a hefty funding of $150 million. Encouraged by the attract of considerable sums at stake, victims succumbed to her persuasive ways and determined to take a position their cash on this ruse.

Luring traders with the promise of a 30 p.c revenue, İlgün cleverly exploited social media, regularly posting monetary updates to showcase supposed features. Her net of deceit ensnared a various array of victims, together with her personal family members, pilots, docs, and engineers, finally amassing a bootleg sum of roughly 20 million Turkish liras.

In a sample emblematic of many fraud circumstances, Ilgün initially fulfilled her promise of dividend funds, seducing victims with short-term monetary features. However, when the time got here for traders to reclaim their funds, her intricate facade started to unravel, revealing her misleading charade.

Source: www.anews.com.tr