i wanna watch the Nat Geo special "Cursed Gold: A Shipwreck Scandal" cause well it sounds interesting but
Posted by
tRuMaN
Aug 27 '24, 06:00
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But actually realizing profits from the gold proved challenging; In the end, Thompson sold the gold for just $52 million, almost all of which went to pay off the massive debt the project had accumulated over the ensuing years. So naturally, there were more lawsuits, this time from the investors who had financed Thompson's expedition, accusing him of fraud. Thompson didn't help his case when he went on the run in 2012 with his assistant, living off some $4 million in assets stashed in an offshore account.
Thompson was finally captured by US marshals in 2015 to face his investors in court. A jury awarded the investors substantial compensatory damages, and the court ordered Thompson to hand over 500 commemorative gold coins that had been minted out of some of the Central America gold to meet that judgment. Thompson claimed he had forgotten where he'd stashed them and was jailed for contempt of court until the coins had been recovered and handed over. He's still in prison as of this writing, and the gold coins have yet to be found.
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