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Ex-treasure hunter marks fifth year in jail — and counting — over missing gold coins
Fox News ^ | Peter Aitken

Posted on 12/14/2020 1:29:05 PM PST by Responsibility2nd

A former deep-sea treasure hunter who has not disclosed the location of 500 missing gold coins remains in an Ohio jail for the fifth year.

Research scientist Tommy Thompson was been in jail for contempt of court for half a decade - well past the normal maximum limit of 18 months for such cases

Thompson took on a case for 161 investors who paid him $12.7 million to excavate a sunken ship, the S.S. America, which was known as the Ship of Gold and sunk in 1857 during a hurricane off South Carolina.

Thompson took the money but never returned the gold, leading the investors to sue him.

After failing to appear in court in 2012 to disclose the coins' whereabouts, Thompson lived in Florida in hiding for three years before U.S. marshals tracked him to Boca Raton and arrested him.

Thompson pleaded guilty for his failure to appear and was sentenced to two years in prison and a $250,000 fine, but he had to answer questions in closed-door sessions about the coins, which the government estimated to be worth $2-4 million.

(Excerpt) Read more at apple.news ...


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Five years in jail. On contempt of court.

I doubt that no one believes he doesn’t have the gold. Of course he does. So the question is should he really be held without a trial for years and years?

And even if and when he gets out, what is he going to do with $4 million in gold? Try and spend it?

1 posted on 12/14/2020 1:29:05 PM PST by Responsibility2nd
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To: Responsibility2nd

Obviously this story is missing key facts.


2 posted on 12/14/2020 1:32:10 PM PST by cuban leaf (The political war playing out in every country now: Globalists vs Nationalists)
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To: Responsibility2nd

[[And even if and when he gets out, what is he going to do with $4 million in gold?]]

Melt it down and shape it into a golden calf of course


3 posted on 12/14/2020 1:33:14 PM PST by Bob434
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To: Responsibility2nd

If someone has millions of dollars in gold, they would sell it and spend the proceeds, if they chose to do that.


4 posted on 12/14/2020 1:33:29 PM PST by Dilbert San Diego
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To: Responsibility2nd

If the story is correct, then Thompson is a thief and a swindler. He gets no sympathy from me.


5 posted on 12/14/2020 1:34:40 PM PST by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: Bob434

I was thinking of a golden toilet seat and paint it porcelain colored (to hide it, of course), and then have it buried with him...


6 posted on 12/14/2020 1:38:15 PM PST by silent majority rising
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To: Leaning Right
If the story is correct, then Thompson is a thief and a swindler. He gets no sympathy from me.

Five years in jail with no trial and contempt of court charge? Seems excessive and unconstitutional to me if that is what is going on here.

7 posted on 12/14/2020 1:38:40 PM PST by frogjerk
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To: Leaning Right

“If the story is correct, then Thompson is a thief and a swindler. He gets no sympathy from me.”

Should have said he lost the gold in a boating accident.


8 posted on 12/14/2020 1:39:38 PM PST by TexasGator (Z1z)
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To: Leaning Right

“If the story is correct, then Thompson is a thief and a swindler. He gets no sympathy from me.”

I agree.


9 posted on 12/14/2020 1:40:49 PM PST by dljordan
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To: Responsibility2nd

Read this during lunch, don’t understand his motivation. Wonder if there’s more money involved in this then reported? Maybe there’s tons of millions of dollars stored away together, otherwise why not release the 2 to 4,000,000 and get out of jail?


10 posted on 12/14/2020 1:41:33 PM PST by Reno89519 (Buy American, Hire American! End All Worker Visa Programs. Replace Visa Workers w/ American Workers)
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To: frogjerk

“Five years in jail with no trial and contempt of court charge? “

Multiple


11 posted on 12/14/2020 1:42:19 PM PST by TexasGator (Z1z)
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To: TexasGator

> Should have said he lost the gold in a boating accident. <

He should have split the gold into unequal two parts, and buried them in separate locations. Then give up the location of the smaller amount, saying that’s all there is.

(I can’t take credit for that idea. It’s an old mafia trick. Or so I’m told.)


12 posted on 12/14/2020 1:43:47 PM PST by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: TexasGator

Even if the guy stole the 2-4 million dollars how is 5 years (ongoing and adding month after month) a punishment that fits the crime? Jon Corzine stole 1.2 Billion dollars and didn’t do a day in jail.


13 posted on 12/14/2020 1:44:44 PM PST by frogjerk
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To: Dilbert San Diego

Even if he has $4 million in gold, is that worth giving up five years and counting of your life?


14 posted on 12/14/2020 1:48:18 PM PST by Responsibility2nd (I will not rest until the American People have the honest vote count they deserve. DJT 11-07-20)
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To: Responsibility2nd
Thompson took on a case for 161 investors who paid him $12.7 million to excavate a sunken ship, the S.S. America, which was known as the Ship of Gold and sunk in 1857 during a hurricane off South Carolina. Thompson took the money but never returned the gold, leading the investors to sue him.

He should have been more honest in his business dealings.

15 posted on 12/14/2020 1:55:21 PM PST by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith..)
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To: Reno89519

You might try reading more ...

https://narratively.com/the-curse-of-the-ship-of-gold/


16 posted on 12/14/2020 1:57:35 PM PST by TexasGator (Z1z)
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To: Responsibility2nd

He could have shown up in court in 2012, and taken the 5th to every question. You are not in contempt if you decline to speak on the grounds you may incriminate yourself.

They could give him immunity from criminal prosecution, and then he would have to talk or be in contempt.


17 posted on 12/14/2020 1:58:37 PM PST by proxy_user
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To: Responsibility2nd

He holds the keys to the cell. All he has to do is account for the stolen property and he can walk.


18 posted on 12/14/2020 2:00:52 PM PST by PAR35
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To: Responsibility2nd

Guy sounds like he’s paying the price for having more swagger than brains.


19 posted on 12/14/2020 2:02:36 PM PST by HKMk23 (You ask how to fight an idea? Well, I'll tell you how: with another idea!)
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To: cuban leaf
Why would investors pay him over $12 mil to get just $4 mil worth of coins?

Something is fishy and it ain't just the critters swimming through the wreck.

20 posted on 12/14/2020 2:04:19 PM PST by who_would_fardels_bear (This is not my current tagline.)
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