Police investigate company's 'treasure ship' claims
Police are investigating a South Korean company that claimed to have discovered a sunken Russian warship with $8.9 billion worth of gold on board.
South Korean police are investigating the firm, called Shinil Group, for possible fraudulent claims and have banned senior company staff members from leaving the country, a police spokesman told CNN on Tuesday.
The company announced earlier this month that it had found the Dmitri Donskoii, a 5,800-ton Russian warship that had sunk during the 1905 Battle of Tsushima, in the waters between present-day South Korea and Japan.
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