29 Jun '18, 9am
Fake bookings hit Singapore's Ryde Technologies
Image copyright Getty Images Image caption Ryde Technologies is a Singapore-based ride-hailing start-up Hundreds of fake accounts making "phantom bookings" have recently plagued Singapore-based firm Ryde Technologies, the company has said. In recent weeks, nearly 300 such accounts have made 2,000 bogus bookings, costing drivers $50,000 (£37,900). The start-up investigated the problem after drivers complained. Uber, which offers a similar service, has in the past reported cases of fake bookings in other countries. Ryde has filed a report with local police who are now investigating the matter, according to Reuters. "Such manipulations of the app have distressed affected drivers, as their means of livelihood have been impacted," the firm said in a statement. "On top of causing drivers to lose money on fuel, these acts severely limit the drivers' availability to take on more j...