Tight-Lipped Treasure Hunter to Mark His 6th Year in Jail

Tommy Thompson has been held in contempt of court since Dec. 15, 2015
By Newser Editors and Wire Services
Posted Dec 10, 2021 8:00 AM CST
Tight-Lipped Treasure Hunter to Mark His 6th Year in Jail
This November 1989 file photo shows Tommy Thompson holding a $50 pioneer gold piece retrieved from the wreck of the ship SS Central America.   (Lon Horwedel/The Columbus Dispatch via AP, File)

A former deep-sea treasure hunter is preparing to mark his sixth year in jail for refusing to disclose the whereabouts of 500 missing coins made from gold found in an historic shipwreck. Research scientist Tommy Thompson has been held in contempt of court since Dec. 15, 2015, for that refusal. He is also incurring a daily fine of $1,000. Thompson's case dates to his discovery of the SS Central America, known as the Ship of Gold, in 1988. The gold-rush-era ship sank in a hurricane off South Carolina in 1857 with thousands of pounds of gold aboard, contributing to an economic panic. Thompson's legal troubles stem from the 161 investors who paid Thompson $12.7 million to find the ship, never saw any proceeds, and finally sued.

Despite that suit and a federal court order, Thompson, 69, still won't cooperate with authorities trying to find those coins, according to court records, federal prosecutors, and the judge who found Thompson in contempt, reports the AP. Thompson says he’s already said everything he knows about the coins. Thompson pleaded guilty in April 2015 for his failure to appear for a 2012 hearing and was sentenced to two years in prison and a $250,000 fine. But Thompson’s criminal sentence has been delayed until the issue of the gold coins is resolved.

Federal law generally limits jail time for contempt of court to 18 months. But a federal appeals court in 2019 rejected Thompson’s argument that the law applies to him, saying his refusal violates conditions of a plea agreement. After technology problems canceled Thompson's latest virtual hearing last week, federal Judge Algenon Marbley scheduled a new hearing for Jan. 7. (Thompson claims he suffers from a rare form of chronic fatigue syndrome that has created problems with short-term memory; read more about the saga here.)

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