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Thread: 9 Tons & $400m of Civil War Gold Found?

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    Scotland Avalon Member scotslad's Avatar
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    Default 9 Tons & $400m of Civil War Gold Found?

    Anyone got more info on this?
    Apparently it was located but "taken" after the FBI got a warrant.
    Eee me, not quite a clear case of finders, keeprs?

    Thanks
    Last edited by scotslad; 29th May 2022 at 16:05.

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    Scotland Avalon Member scotslad's Avatar
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    Default Re: 9 Tons & $400m of Civil War Gold Found?

    oops, I appear to have missed out the word 'GOLD'.
    Someone somewhere now sitting on a fortune.


    From Bill:

    Thread title now fixed

    Last edited by Bill Ryan; 29th May 2022 at 17:23.

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    Default Re: 9 Tons & $400m of Civil War Gold Found?

    Quote Posted by scotslad (here)
    Anyone got more info on this?
    Apparently it was located but "taken" after the FBI got a warrant.
    Eee me, not quite a clear case of finders, keeprs?

    Thanks
    I found a bunch of obscure news sources and was going to discount the story until I found this article from the Associated Press from June 2o21:

    https://apnews.com/article/pennsylva...5648821ca3ecbc

    Quote In any case, the FBI said, the dig came up empty.
    Quote But residents have told of hearing a backhoe and jackhammer overnight — when the excavation was supposed to have been paused — and seeing a convoy of FBI vehicles, including large armored trucks.
    Your guess is as good as mine. [I couldn't find a more recent article.]
    Last edited by JackMcThorn; 29th May 2022 at 16:39.
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    Default Re: 9 Tons & $400m of Civil War Gold Found?

    Here’s a more recent article on May 29, 2022 with photos and map.
    Quote A one-paragraph FBI report, dated March 13, 2019 - exactly one year after the dig - asserted agents found nothing at Dent´s Run. No 'metals, items, and/or other relevant materials were found,' the report said. 'Due to other priority work ... the FBI will close the captioned case.’
    Did FBI cover-up $400M Civil War gold find? Bureau dug for Pennsylvania loot after geophysicist said there was NINE TON fortune underground - as treasure hunters call for their fair share
    • The report, by a geophysicist who performed microgravity testing at the site, hinted at an underground object with a mass of up to 9 tons
    • The FBI used the consultant's work to obtain a warrant to seize the gold - if there was any to be found
    • The government said dig was a bust but treasure hunters claim agents double-crossed them and made off with $400million worth

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    Default Re: 9 Tons & $400m of Civil War Gold Found?

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    Default Re: 9 Tons & $400m of Civil War Gold Found?

    That's the same estimated value of the Atocha treasure.
    treasurehunt
    Quote In the Atocha treasure, there were also instruments for navigation accompanied with ceramic vessels belonging to the 17th century. The treasure was estimated to be around 400 million, which made fisher and the other millionaires. It was known that Mel Fisher alone had a net worth of $100 million.

    Through the state of Florida claimed the wreck and asked fisher to give some percent of it to the state treasury but Mel Fisher fought against the state and after fighting for 8 years he was given the right on the found treasure of the Atocha.
    Similar story.
    latimes
    Quote A federal judge has blocked the FBI from confiscating some of the valuables it seized from safe deposit boxes at a Beverly Hills business, saying the government appeared to be violating the owners’ rights.

    The temporary restraining order issued Tuesday by U.S. District Judge R. Gary Klausner marked a setback for the FBI in its attempt to keep as much as $86 million in cash and millions of dollars more in jewelry, gold and other valuables that agents took from 369 safe deposit boxes at the U.S. Private Vaults store on Olympic Boulevard.

    The FBI claims the owners of the cash and valuables were engaged in criminal activity that justifies the confiscation of their property. The agency, however, has not publicly disclosed evidence to support the allegation.

    Citing the 5th Amendment’s protection against deprivation of property without due process, Klausner faulted the government for failing to specify in its forfeiture notice the reasons for taking the cash and valuables of four box holders who filed one of a dozen lawsuits after the March raid on U.S. Private Vaults.

    “This notice, put bluntly, provides no factual basis for the seizure of Plaintiffs’ property whatsoever,” Klausner wrote.

    The FBI referred questions on the matter to a spokesperson for the U.S. attorney’s office in Los Angeles. The spokesperson declined to comment.

    In late March, federal agents executed search and seizure warrants at U.S. Private Vaults, a company that was indicted on charges of conspiring to sell drugs, launder money and carry out cash transactions meant to dodge detection. The company has said nothing publicly about the charges but has challenged in court the government’s attempted confiscation of its customers’ belongings.
    Last edited by Inversion; 29th May 2022 at 17:48.

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    Default Re: 9 Tons & $400m of Civil War Gold Found?

    I wonder if there was a claim by the government in respect of FDR's 1933 Executive Order 6102? There was a case in the news a few years ago about someone who tried to sell a relative's gold stash that should have been handed in at that time, but IIRC the government was successful in halting the sale and ordered him to hand it over.

    From Wiki:

    Quote Executive Order 6102 is an executive order signed on April 5, 1933, by US President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States." The executive order was made under the authority of the Trading with the Enemy Act of 1917, as amended by the Emergency Banking Act in March 1933.

    The limitation on gold ownership in the United States was repealed after President Gerald Ford signed a bill legalizing private ownership of gold coins, bars, and certificates by an Act of Congress, codified in Pub.L. 93–373,[1] which went into effect December 31, 1974.
    Even if legally the government could have claimed ownership of the Pennsylvania gold, this case sounds very underhand.

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    Default Re: 9 Tons & $400m of Civil War Gold Found?

    • Did FBI cover-up $400M Civil War gold find?:



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