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Marin Investment Forex Scam and the Fake Loss Insurance

Savun Law & Consultancy · Updated 27 October 2026

Marin Investment Forex Scam and the Fake Loss Insurance

A representative calling in the name of Marin Investment shows a "licence document" over the phone and has a forex account opened; when the first investment melts away, a second round is requested. When the losses grow, a second "investment adviser" steps in and says the only way to win the money back is to deposit again.

In short: Marin Investment is not authorised in Türkiye by the Capital Markets Board (SPK); it is a forex brokerage scheme. After a loss, new payments are collected through the promise "deposit half of the loss, trade 3 lots and the whole amount will be returned", backed by a PDF "insurance contract". Claiming the money back is legally possible in cases of this kind.
What this article covers

🚩 A Two-Stage Scheme: The Representative and the "Rescuer" Adviser

In the first stage, documents with a corporate look are sent to the person reached by cold calling, an account is opened and two investments are made one after the other. In the second stage the client is handed over to another name; this person repeats that the firm is "licensed" and makes compensation for the loss conditional on further steps.

  • A condition that fifty per cent of the lost amount be deposited again
  • Tying the return to a trading volume of "3 lots", a variant of the method of locking withdrawals with lot and volume conditionsTR
  • Presenting the promise in writing as a PDF "insurance contract"
  • Both representatives stop answering on WhatsApp once the money is paid in
  • Calling back after a public complaint is posted, saying "we will sort it out", and asking for the complaint to be removed

🔍 Names and Contact Channel Identified

The representatives who speak with victims introduce themselves as "Mr Özgür" (the person who first called and had the account opened) and "Mr Aslan" (the "investment adviser" who gives the promise of a return). Contact is carried out by telephone and WhatsApp; since the end of October 2025 withdrawal requests have gone unanswered. No verifiable company name or address is provided for the firm.

⚖️ SPK Authorisation and the Legal Position

Marin Investment does not appear on the SPK list of authorised intermediary institutions; it is not authorised by the SPK. SPK Decision No. 8/297 of 24.02.2017 describes bringing investors in Türkiye together with overseas firms offering leveraged trading as unauthorised activity; taking a second payment under the name of "insurance" is assessed as qualified fraud through computer systems under Article 158/1-f of the Turkish Penal Code.

🔗 Other Platforms Using the Same Method

The pattern of gaining trust by telephone and tying withdrawals to a lot condition is not unique to Marin Investment. We have previously covered other schemes that follow the same steps.

🧭 The Legal Process for Victims

  1. The make-up of the calling staff and their division of roles is set out: the organisation of a fake investment call centreTR.
  2. A criminal investigation is opened: the criminal complaint process in forex fraud.
  3. The route to restitution is pursued through the accounts to which the money was transferred: restitution and unjust enrichment claimsTR.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions

Is the "insurance contract" sent by Marin Investment valid?

The entity that issued the contract is not authorised by the SPK; the document is a persuasion tool used to obtain a new payment and does not provide real insurance cover.

Are "Mr Özgür" and "Mr Aslan" from the same team?

One has the account opened and collects the investment, the other asks for the second payment with a "compensation" offer after the loss. The split of roles shows that these are two stages of the same organisation.

The firm asked for the public complaint to be removed. What does this mean?

Because public complaints make it harder to find new clients, their removal is requested with a promise of a "solution"; once the complaint is gone, contact is cut off again.

I was affected by Marin Investment. What are my options?

For detailed information and legal support, you can contact Savun Law & Consultancy.

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This page is an English adaptation of our Turkish article Marin Investment Forex ve Sahte "Kayıp Sigortası" Dolandırıcılığı.

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