Lawyer for Ex-Treasure Hunter Says Client Seriously Ill - by Andrew Welsh-Huggins/ AP Legal Affairs Writer/ ABC News/ abcnews.go.com
"A former deep-sea treasure hunter says he's too ill to explain to a federal judge why he shouldn't face new penalties for failing to answer questions about 500 missing gold coins...
... Thompson has been accused of cheating investors since he discovered the S.S. America, known as the Ship of Gold, in 1988. The gold rush-era ship sank in a hurricane off South Carolina in 1857 with thousands of pounds of gold aboard, contributing to an economic panic.
The 161 investors who paid Thompson $12.7 million to find the ship never saw any proceeds. Two sued — a now-deceased investment firm president and the company that once published The Columbus Dispatch newspaper..."
I recently finished reading " Ship of Gold in th Deep Blue Sea" by Gary Kinder.
An excellent account of the last voyage of the S.S. America and her sinking in a hurricane. The story then transitions to the tale of the search for the ship and its gold and what a yarn it is. Very exciting. I definitely recommend the book.
I had no idea the investors in the project were never paid until I saw an article in today's paper (12/15) about Tommy Thompson remaining mum about the missing coins.
Richard
"A former deep-sea treasure hunter says he's too ill to explain to a federal judge why he shouldn't face new penalties for failing to answer questions about 500 missing gold coins...
... Thompson has been accused of cheating investors since he discovered the S.S. America, known as the Ship of Gold, in 1988. The gold rush-era ship sank in a hurricane off South Carolina in 1857 with thousands of pounds of gold aboard, contributing to an economic panic.
The 161 investors who paid Thompson $12.7 million to find the ship never saw any proceeds. Two sued — a now-deceased investment firm president and the company that once published The Columbus Dispatch newspaper..."
I recently finished reading " Ship of Gold in th Deep Blue Sea" by Gary Kinder.
An excellent account of the last voyage of the S.S. America and her sinking in a hurricane. The story then transitions to the tale of the search for the ship and its gold and what a yarn it is. Very exciting. I definitely recommend the book.
I had no idea the investors in the project were never paid until I saw an article in today's paper (12/15) about Tommy Thompson remaining mum about the missing coins.
Richard
Lawyer for Ex-Treasure Hunter Says Client Seriously Ill
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