Police have launched an investigation into a suspected fraudulent claim by a local company,... that it discovered the wreck of a sunken Russian warship from the early 20th century.<br /> The investigation comes as Shinil Group announced earlier this month,... it found the wreck of Dmitrii Donskoi,... a Russian warship that disappeared in 1905 during the Russo-Japanese war.<br />Speculation spread quickly that the ship had sunk with 200 tons of gold,... worth 116-billion U.S. dollars,... causing the financial authorities to monitor the stock market for any unusual movement.<br />The police added that they have placed travel bans on the head of Shinil Group Choi Yong-seok and several other people related to the probe. <br />
