Economics

Turkey Crisis Puts Jailed Millionaire at Heart of Gold Trail

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To catch a glimpse of the former life of Riza Sarraf, flip through the celebrity columns of Turkey’s newspapers.

Here he is, as a fluttering tarpaulin reveals a $72 million villa on Istanbul’s waterfront, a present for his pop-star wife, Ebru Gundes. Here he is, sitting near Prime Minister Recep Tayyip Erdogan at a government-housing ceremony. On another day, he clutches an award on a stage with Erdogan’s wife.