Treasure hunter takes aim at $3B sunken bounty

Treasure hunter takes aim at $3B sunken bounty

news.yahoo.com

A shipwreck hunter says he has found the wreck of a World War II merchant ship that was torpedoed by a German U-boat off Cape Cod with a load of platinum now valued at $3 billion — perhaps the richest hoard ever discovered at the bottom of the sea.

(visit the link for the full news article)

First off, why would this guy claim anything could be there of value. Wouldn't this draw attention to other "shipwreck hunters"?

I wonder if anything of significant value is salvaged how this guy will be able to claim it. I'm sure the U.S. Government will interfere and keep it themselves? I'll need to do some research.

Anywho, good luck to him. Since I was a kid, I've been fascinated with buried treasure.

news.yahoo.com
(visit the link for the full news article)

Here is a current case, however, it's between some U.S. treasure hunters and the goverment of Spain. SHOCKER: Government of Spain wins.

www.washingtonpost.com... 12/02/01/gIQAJ3swhQ_story.html

An attorney for the Spanish government said a federal judge’s ruling Tuesday means Florida deep-sea explorers will have to start making plans to hand over 17 tons of silver coins and other treasure from a sunken 19th century galleon.

Originally posted by UFO1414

First off, why would this guy claim anything could be there of value. Wouldn't this draw attention to other "shipwreck hunters"?

Nope. As the article states:

A federal court judge has granted him the salvage rights, he said.

that's the way to works in the slavage business. You find it and regsiter a claim. As to who owns it, for that kind of money I can see US Gov't attorneys eating this guy alive.

Originally posted by UFO1414
I wonder if anything of significant value is salvaged how this guy will be able to claim it. I'm sure the U.S. Government will interfere and keep it themselves? I'll need to do some research.

That was my very first thought. Money in the billions is nation-state numbers. I dare say Washington will do it's research too, but regardless of how that turns out..they'll take what they call their fair share, I'll bet ya. 3 Billion? I'm guess that by the end of it, Uncle claims better than 90% of that by sheer force of numbers and will. They just can't let a "commoner" come into THAT level of money. He could actually DO something with it.

S/F on the catch... How interesting, to be sure!

reply to post by UFO1414


S&F

Thanks for sharing

reply to post by UFO1414

Very interesting to say the least. I myself and into the treasure hunting.

S/F

-SAP-

You know, I kind of hate this guy, whoever he is.

But in all honesty, I take my hat off to him. He must have done something really, really good to deserve that find...

I wonder if this is connected in any way to the recent assertions by Ben Fulford and David Wilcock regarding vast quantities of precious metals that were taken off the market in the 30s-40s?

If other amazing caches start popping up, it will lend credence to their claims and be a way to launder stolen wealth. We shall see.

If not, that's one lucky mofo.

reply to post by Starchild23


He found it, he owns it. Which makes you wonder how he located it...?

-SAP-

Originally posted by UFO1414

First off, why would this guy claim anything could be there of value. Wouldn't this draw attention to other "shipwreck hunters"?

I wonder if anything of significant value is salvaged how this guy will be able to claim it. I'm sure the U.S. Government will interfere and keep it themselves? I'll need to do some research.

Anywho, good luck to him. Since I was a kid, I've been fascinated with buried treasure.

news.yahoo.com
(visit the link for the full news article)

Here is a current case, however, it's between some U.S. treasure hunters and the goverment of Spain. SHOCKER: Government of Spain wins.

www.washingtonpost.com... 12/02/01/gIQAJ3swhQ_story.html

An attorney for the Spanish government said a federal judge’s ruling Tuesday means Florida deep-sea explorers will have to start making plans to hand over 17 tons of silver coins and other treasure from a sunken 19th century galleon.

edit on 1-2-2012 by UFO1414 because: Added new link

that stuff is treated like a gold mine. Had he not claimed it anybody could have. That stuff is a real business. Crossed T's dotted I's and everything...he pays the taxes and mine is mine

Originally posted by jtma508
that's the way to works in the slavage business. You find it and regsiter a claim. As to who owns it, for that kind of money I can see US Gov't attorneys eating this guy alive.

Lots of lost treasure and gold mines in Nevada... You find some you can file a permit and the State gets 50% the rest is yours

There won't be that much left hundreds of millions in salvaging then the Feds how much will that guy walk away with is how good he is with his money and lawyers.

He will be lucky if he walks away with a couple of hundred million and of course it is going to take years to recover.

If anyone remembers the Atocha find he thought he would be rich that story turned out different hope i remember than name right.

reply to post by neo96

He will be lucky if he walks away with a couple of hundred million and of course it is going to take years to recover.

I'm good with that, if it was me. think about it, every banker in the country would be calling him, door to door loan aps. "Do you like your coffee with cream and how many sugar's, Mr.Treasure Man?"

Yeah,I'm good with couple hundred million after overhead,,,real good

Originally posted by UFO1414

First off, why would this guy claim anything could be there of value. Wouldn't this draw attention to other "shipwreck hunters"?

yes it does, I am heading out now..

reply to post by jtma508


Even if the state claim ownership, he will be entitled to a percentage of the amount. That is how salvage operations work, and as has already been pointed out, it has to be registered to become a legal salvage operation.

that is why when you find such things you melt it down into ingots and sell it like that by the pound in this case he might need to remove government seal. if it was on us merchant marine ship they might claim it to be underwayer cemetery and anything removed is grave robbing

After re reading the article, i noticed they are actually British ships. Therefore it is hard to see how the USA would have any claim over the cargo. Under salvage law, proceeds would actually be split between Britain and the salvager.

This reminds me of my childhood dream.
To be a treasure hunter! Thanks for sharing - It was a good read