Missed fortunes - Treasure hunter Greg Brooks speaks

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By Doug Fraser 

GORHAM, MAINE — Twenty-seven months after federal agents, with guns drawn, executed a search warrant at his home and removed computers, memory storage devices and other materials, treasure hunter Greg Brooks, 66, has yet to be indicted for any crime. 

He said he is living off his Social Security payments in a rented home, with no access to his salvage vessel or to the SS Port Nicholson, a British freighter sunk in 1942 in 641 feet of water about 50 miles off Provincetown. Brooks claims the ship contains a bounty of platinum, gold and perhaps diamonds that is worth billions. 

"I think I'm one of the most honest treasure hunters out there and I still intend to pay people their money back," Brooks said, sitting at the kitchen table of his Gorham, Maine, home with two crew members. He said he raised a total of $8 million from investors, and all of it is gone. 

Brooks said he wants to tell his side of the story, something he claimed his lawyers prevented him from doing while he was involved in court battles over control of the wreck. He said he is not the criminal people think he is, and the more than two years without an indictment proves that. 

"Don't you think that If I'm the biggest crook they say I am that they would have already done something?" he asked. 

"Pathological liar would be more like it on the truthful scale," said Tim Shusta, a Miami-based attorney who represented the British government in opposing Brooks' claim to the Port Nicholson, a 481-foot-long refrigerated cargo vessel. There is a five-year statute of limitations on federal fraud cases and time for prosecution may be running out for incidents from 2012. A second investigation from the Maine Office of Securities is still ongoing, according to investors. 

Read more: Missed fortunes - Treasure hunter Greg Brooks speaks

Treasure hunters find Iron Age gold in farmer's field - the earliest ever discovered

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Intricate jewelry found buried in a Staffordshire field is the earliest example of Iron Age gold ever found in Britain.

The collection, made up of four twisted metal neckbands, called torcs and a bracelet, was discovered by two metal detectorists just before Christmas.

Experts say they would have been owned by wealthy powerful women who probably moved from continental Europe to marry rich Iron Age chiefs.

The pair who discovered the find had swept the field 20 years earlier and uncovered nothing. But after abandoning a fishing trip to go treasure hunting they came across the horde, which could be worth hundreds of thousands of pounds.

The torcs were buried nested together and archaeologists believe they may have been buried for safekeeping or as an offering to a God, or an act of remembrance for someone who had died.

Read more: Treasure hunters find Iron Age gold in farmer's field - the earliest ever discovered

Treasure hunters find stolen coins in Galveston

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By Keith Garvin - Anchor/Reporter

GALVESTON, Texas - Beneath the waves and sand on the beach in Galveston you never know what you'll find.

That's an especially intriguing prospect for treasure hunters Robert Hodson and Clyde Longworth, who on Sunday, hit the jackpot for a man they didn't even know.

The men showed us a few of the several hundred foreign coins the men located.

Several hundred in one location is an unusual find.

"Sometimes we don't find like maybe $2 or $3 in maybe a little coin spill," says Hodson. "But this was a big coin spill."

Read more: Treasure hunters find stolen coins in Galveston