Florida firm to pursue sunken gold in Ohio dispute - WNCN: News, Weather

Florida firm to pursue sunken gold in Ohio dispute

Posted: Updated:
CINCINNATI, OH. -

A Florida company says it has an agreement to recover the remaining gold from a ship that sank off the coast of the Carolinas in 1857 in one of the worst maritime disasters in American history.

Tampa-based Odyssey Marine Exploration announced the agreement Monday to recover gold from the SS Central America.

If an Ohio judge approves the agreement, Odyssey Marine officials say the expedition can begin in April.

It won't be the first gold recovered from the ship. In 1988, shipwreck enthusiast and Ohio native Tommy Thompson led an expedition that recovered gold worth tens of millions of dollars.

The treasure became the subject of lawsuits involving investors who funded Thompson's expedition and workers who said they weren't properly paid. Thompson has been a wanted fugitive since August 2012.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

1205 Front St., Raleigh
N.C., 27609

Telephone: 919.836.1717
Fax: 919.836.1687
Email: newstips@wncn.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.