An underwater treasure, lost for years, is sparking debate about the treasure's rightful owner. CNN's Al Goodman reports
Odyssey Marine Exploration is in hot water again. On Tuesday a Spanish military vessel intercepted one of the Florida treasure hunter's ships as it was trying to leave the port city of Algeciras, forced it back into port, and arrested its captain, Sterling Vorgus.
A sunken galleon, modern-day treasure hunters, a fortune in silver coins and the Spanish navy.
Spain has again seized an American treasure-hunting ship over a dispute with its owners over who has rights to millions of dollars worth of booty recovered from the sea, officials said.
On April 10, a Gulfstream G-V took off from the British territory of Gibraltar en route to Tampa with a load of Colonial-era silver and gold coins salvaged from a centuries-old shipwreck.
Recovering $150 million in sunken treasure might seem like a career-capping event. But Greg Stemm, founder of Odyssey Marine Exploration (cover story, March 2005), wanted to show the world (and shareholders) that he isn't a one-hit wonder.
FSB: Treasure Tangleupdated: Wed Mar 01 2006 00:01:00
Since gracing our cover in March 2005, sunken-treasure recovery firm Odyssey Marine Exploration has been working toward a huge payday: the exploration of the HMS Sussex, sunk off Gibraltar in 1694 ...
FSB: Gold Rushupdated: Tue Mar 01 2005 00:01:00
We're 50 miles off Florida's Atlantic coast, and things aren't going well. A deep-sea recovery device the size of a Hummer is floating in the water alongside its 250-foot-long mother ship, the Odys...
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