South Africa probes cryptocurrency scam
JOHANNESBURG • A unit of the South African Police Service said it has started an investigation into an alleged cryptocurrency investment fraud that has affected more than 28,000 people and led to losses of more than 1 billion rand (S$107 million).
The police unit said in a statement that members of the public were encouraged to invest with BitCaw Trading Company with promises of 2 per cent interest per day, 14 per cent per week and ultimately 50 per cent per month.
Possible recall for two Daimler models
BERLIN • Daimler faces a recall order for more than 600,000 diesel-engine vehicles including C-Class and G-Class models because of suspected emissions manipulation, German magazine Der Spiegel reported yesterday.
The German authorities are probing suspicions that the affected cars were fitted with illicit defeat devices designed to manipulate emissions data, the magazine said.
MH17 downing: Russia may face legal action
WASHINGTON • The United States yesterday said it stood with the Netherlands and Australia after they blamed Russia for the 2014 shooting down of Malaysia Airlines Flight MH17 over war-torn eastern Ukraine.
Australia and the Netherlands are moving towards taking legal action to "hold Russia responsible" for its role in the shootdown by a Russian military brigade that killed all 298 people on board.
But Russia's Defence Ministry said no new Russian anti-aircraft missiles had crossed into Ukraine from 1991.