SEOUL: Police in Seoul requested an international arrest warrant for the founder of a Singapore-based firm on Thursday after launching an investigation into the company and a South Korean start-up over false claims of discovering a long-lost Russian "treasure ship."
Seoul-based Shinil Group announced last month that it had discovered the wreckage of imperial vessel Dmitri Donskoi off South Korea's east coast, saying the ship was believed to contain gold bullion and coins worth $130 billion.
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