Ayferafet "Ayfer" Yalincak
Ayferafet "Ayfer" Yalincak, also known as Ayfer Elgezdi Yalincak, Jackie Yalincak, and Irene Kelly, is a Connecticut resident who pleaded guilty to a felony charge of conspiracy to commit wire fraud in connection to her son Hakan Yalincak's multi-million dollar hedge fund fraud and Ponzi scheme.
Yalincak, a Turkish citizen of Kurdish and Armenian descent, immigrated to the United States in 1992. She was arrested in 1994 in Bristol, Connecticut for posing as a Canadian doctor named Irene Kelly in Indiana.
On June 16, 2005, she was indicted and arrested on three counts of wire fraud and one count of conspiracy to commit wire fraud. As part of a plea agreement, the counts of wire fraud were dropped and she pleaded guilty to the conspiracy charge on July 13, 2006.
On March 19, 2007, Yalincak was sentenced by U.S. District Court Judge Janet BOND Arterton for the federal district of Connecticut to 24 months of imprisonment at the Federal Correctional Institution in Danbury, Connecticut.
She is scheduled to be released on November 11, 2007.
Yalincak and her family were granted political asylum status in 1998. Under immigration law, her crime constitutes an aggravated felony ("fraud on another person or against the government, where the amount of loss exceeds $10,000"), which means she and her son face possible deportation proceedings following the completion of their sentences.