Wednesday, January 28, 2015

Man Who Discovered $400 Million Gold Treasure Nabbed After Two Years On The Run

Tommy Thompson made history in 1988 when he discovered the gold in a famous shipwreck. He went on the run, though, after multiple investors who helped fund the treasure hunt sued.


A treasure hunter turned fugitive accused of cheating his investors out of the millions he scooped up from a shipwreck has been captured after more than two years on the run.


A treasure hunter turned fugitive accused of cheating his investors out of the millions he scooped up from a shipwreck has been captured after more than two years on the run.


Doral Chenoweth III / AP



"Thompson was one of the most intelligent fugitives ever sought by the U.S. Marshals and he had vast financial resources at his disposal," U.S. Marshal Peter Tobin said in a statement. "This investigation and these arrests reflect great credit upon the Deputies of the U.S. Marshals Service and our agency as a whole."



The arrest is just the latest chapter in a strange legal saga involving one of the most famous shipwrecks in U.S. history.


The arrest is just the latest chapter in a strange legal saga involving one of the most famous shipwrecks in U.S. history.


Library of Congress / AP


In 1857, it sank in the Atlantic Ocean during a hurricane with 21 tons of gold in its cargo hold.


The shipwreck, which was the most famous of its century, helped contribute to the economic crisis known as the Panic of 1857.




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