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The Curse of the Ship of Gold

How a brilliant scientist went from discovering a mother lode of treasure at the bottom of the sea to fleeing from authorities with suitcases full of cash.

Narratively

Read when you’ve got time to spare.

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Illustrations by Ryan Johnson.

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In November 2018, a 66-year-old man named Tommy Thompson was wheeled into Judge Laurel Beatty Blunt’s courtroom in Columbus, Ohio, clad in a dark blue suit and looking like he had just served four years in federal prison. Thompson’s hair, once thick black curls, had given way to a bald pate, and with a long white beard and piercing eyes, he looked like a slightly hairier Christopher Lee, the actor who played the wizard Saruman in The Lord of the Rings.

Throughout the trial, Judge Blunt interrupted Thompson’s testimony to reprimand him for veering wildly off course. Thompson had long insisted that he suffers from neurological problems and chronic fatigue syndrome, which impairs his memory, and that his meandering explanations were a symptom of the distress foisted upon him.

But Judge Blunt, like other officials who’d presided over civil and criminal cases against Thompson, claimed that his malingering was the maneuvering of a hyper-intelligent con man. Indeed, Thompson’s legs were shackled as he sat through his trial. As everyone knew, he’d already fled from authorities once.

Thompson was genuinely sickened and overwhelmed, however, and he found it extremely frustrating that nobody seemed to take his condition seriously. He’d been living a hectic life for almost 30 years, and he tried to make the jury understand the unique stress that had put him in such a weak state. His problems had all begun when he’d discovered one of the largest caches of gold in human history, a lost treasure at the bottom of the sea. In the 30 years since, the weight of the find had upended partnerships, ended his marriage, and set loose the specter of greed. What began as a valiant mission of science turned into something else entirely.

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On September 11, 1988, about 7,500 feet beneath the surface of the Atlantic Ocean, a set of glowing orbs moved smoothly through the darkness and illuminated the mysterious world below. That far down there are few currents, the water is close to freezing, and it is almost pitch black. The only light typically comes from the bioluminescent creatures that float by like ghosts, but in this case the lights were from a six-ton, unmanned vessel. The Nemo, looking like an industrial freezer with two robotic arms, made a small adjustment to its thrusters and hovered above the scattered remains of a sunken ship. Video of the wreckage was relayed to a vessel bobbing above, giving the crew — and the world — the first look at a ship whose location had stymied treasure hunters for generations. It was the SS Central America, a massive side-wheel steamship that sank in a hurricane off the coast of South Carolina in 1857.

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Illustration of the S.S. Central America before its sinking. Photo courtesy of the Library of Congress.

The find was remarkable for many reasons. The Nemo’s technology, designed and built by a ragtag group of engineers from Ohio, led by Thompson, allowed scientists to explore deeper than anyone had ever gone before. The artifacts eventually recovered from the ship were a window into a bygone era and gave voice to the hundreds of people who were pulled into the abyss.

But the discovery was also a spectacular victory for pocketbooks — the ship was carrying gold when it sank, and lots of it: coins, bars and nuggets of every size surrounded the wreck and covered its decks and rotting masts. And that was only what the crew could see — somewhere in the remains were said to be between 3 and 21 tons of gold, a haul some experts valued at close to half a billion dollars. For Thompson, the Edisonian genius who masterminded the expedition, the discovery was the first salvo of what looked to be a long, impressive career. He became an American hero, a mix of brains and daring in the tradition of the scientist-adventurers of yore. “I can imagine him becoming as well known and famous as Cousteau,” one investor told Gary Kinder, whose 1998 book Ship of Gold in the Deep Blue Sea chronicles the Central America mission.

But Thompson was subjected to a legal hell storm as soon as he set foot on shore. Numerous people and companies were vying for their share of the gold, and the unending litigation was compounded by the lawsuits filed by investors who claimed Thompson had ripped them off. In 2012, long after the litigation had sidetracked his calling, Thompson went underground, allegedly taking with him suitcases full of cash and gold.

It was a strange turn of events that Thompson’s friends and foes alike have tried to figure out: Was he a pirate corrupted by his own discovery, or a hardworking genius exploited by powerful men lusting after his gold?

Months later, Thompson was staying under an assumed name at a hotel in Boca Raton, Florida, trying to keep his faculties in check. He was unkempt, unwell and barely left his hotel room, as he had been on the run from federal authorities for the past two and a half years. His journey had taken him from Columbus boardrooms to the depths of the sea to a Hoarders-esque mansion, and would culminate with a police raid that eventually led to Judge Blunt’s courtroom.

From the witness stand in Columbus, Thompson disclosed startling information in a story already laden with tragedy and fortunes lost — and shed light on the mystery of millions in still-missing gold.

The pressure 8,000 feet below the sea is 250 times greater than on the surface, and Tommy Thompson was squeezed by something even more intense for the better part of 30 years.

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Thompson, born in 1952, was a whiz kid who’d been tinkering and engineering from the earliest years of his life. He grew up in Defiance, Ohio, a small city in the northwestern corner of the state. He was always drawn to the water, and he enjoyed challenging friends to breath-holding contests.

“I was on swimming teams, and people could always beat me on the surface, but I got so I could hold my breath so long that nobody could beat me underwater. I loved seeing and doing things underwater,” he told a reporter for Columbus Monthly not long after the mission launched. When he was a teenager, he bought and fixed up an amphibious car, and he loved pranking his friends by driving unsuspecting passengers into a lake.

Gary Kinder’s book details Thompson’s early interest in the underwater realm, which extended to sunken ships when he spent a summer after high school working with a group of career treasure hunters in Florida. Rife with lore, the hunters spoke of ships sunken somewhere out in the ocean with more gold than could ever be spent. However, nobody knew quite where to start looking, nor could they afford the technology necessary to undertake the search. Finding one of these wrecks posed a challenge that spanned many disciplines, which, to a mind like Thompson’s, made for a compelling quest.

Following his graduation from The Ohio State University with a degree in ocean engineering, Thompson went to work for the Battelle Memorial Institute, a prominent research lab in Columbus that has developed everything from kitchen appliances to nuclear weapons. There, he was able to work on deep-sea engineering projects, at one point developing technology that allowed the U.S. government to extract information from a sunken Soviet nuclear sub, all while disguising the operation as the routine work of an oil rig. “He was like a rock star,” said Thompson’s longtime friend and current defense attorney Keith Golden.

Thompson wanted to work exclusively in deep water but was routinely warned that such jobs were hard to come by. So he began looking for other ways to pursue this heady scientific passion. Recalling the treasure hunters he’d spent time with in Florida, Thompson began formulating a plan for his own mission out to sea.

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Tommy Thompson stands at the helm of the Arctic Explorer as Bob Evans, center, and Barry Schatz look on in 1991. (AP Photo/Columbus Dispatch, Doral Chenoweth III)

“He wanted to develop technology for underwater deep research, and the only way to do that is either you work for the government or you look for treasure,” Golden said. “That’s what brought him into the treasure business. Not, ‘oh I want to go get gold’ or anything like that. It was actually the means to an end.”

One of the first orders of business was to find the perfect wreck to hunt. Thompson worked with Bob Evans, an equivalently intelligent polymath and professional geologist, to winnow down the list of candidate ships. Evans would become the mission’s chief scientist, and the two settled on the SS Central America. The so-called “Ship of Gold” was one of the legendary wrecks that beckoned Thompson’s treasure-hunting comrades — it was renowned for the enormity of its loss and infamous for its opulent cargo.

The Central America ferried passengers to and from California at the height of the Gold Rush in the mid 19th century. The ship, called “one of the best and staunchest ships afloat” by a passenger who had traveled on the vessel numerous times, made regular journeys from New York to Panama and back, where prospectors would catch another ship on to California. Six hundred people, and up to 21 tons of gold coming from California, were aboard the Central America when it disembarked to New York from a stopover in Cuba on September 3, 1857.

Five days later, the ship found herself floundering in the middle of a terrifying hurricane. Passengers attempted a 30-hour nonstop bucket brigade to keep the ship afloat, but the engines flooded and the storm ripped apart masts and sails. The ship was doomed. The vessel let out a final tortured groan as it sank on the evening of September 12, sucking 425 souls down in a horrifying vortex. The catastrophe was the era’s Titanic, a horrific event that captivated people around the world. The loss in gold was so profound that it was one of the factors precipitating the Great Panic financial crisis of 1857.

Finding the Central America would be no easy matter — proportionally it would be like finding a single grain of sand in the floor plan of a four-bedroom house. The key, Thompson knew, was to undertake a logical and hyper-organized search.

Bob Evans used every known detail about the fateful voyage, including passenger and crew accounts of the weather as the ship sank, and worked with a search theory expert to determine that the wreck was likely somewhere in a 1,400-square-mile grid 160 miles southeast of Charleston, South Carolina, in part of the ocean that was nearly a mile and a half deep. Each square on the grid was assigned a number based on the likelihood that the ship had ended up there, and the idea was to trawl a sonar apparatus up and down the grid and take in-depth readings of the most promising results.

“Rather than take a treasure-hunting approach, he took a scientific approach,” said Columbus attorney Rick Robol, who once represented Thompson’s companies.

Thompson approached many of Columbus’s financial heavy hitters to drum up funding, and his exhaustively scientific method was key to selling others on the mission. Obsessed with his work, Thompson was said to be indifferent to food and sleep, dressed in a thrift store suit and hair afrizz. As a result, the high-powered investors waiting in their upper-floor offices and elegant conference rooms were often skeptical of his bewildering presence. But time after time, Thompson would speak to them reasonably, thoroughly and intelligently. He was realistic about the low probability of success, outlined various contingencies, and emphasized that the mission offered the chance for the investors to participate in a journey of good old American discovery. Investors soon found themselves chuckling in delight at the audacious fun of the project and the inspiring confidence they felt in Thompson.

“The concept seemed pretty far out [but] I was certain of his credibility,” investor D. Wayne Ashby told the Columbus Dispatch in 1989.

Of course, the primary draw was the potential for enormous returns: Based on the estimated amount of gold, calculations showed that first-tier investors would be able to turn $200,000 into $10 million if the mission was a success; even a $5,000 investment stood to transform into a remarkable sum. One investor pledged support, then another, and then a whole network of powerful Columbusites, including the owner of The Columbus Dispatch and a developer whose 10,000-square-foot luxury tree house would later be featured on HGTV’s Most Extreme Homes.

After two years of pitching, 161 investors pooled the $12.7 million necessary to pay for the recovery mission. (Further rounds of investment upped the number of investors to around 300 and the total contributions to around $22 million.) On top of the investors’ money, Thompson would borrow tens of millions more as the project wore on. The Recovery Limited Partnership was formed to oversee the operation, with the Columbus-America Discovery Group acting as its agent. Thompson was the head of both.

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Under the aegis of these companies, Thompson outfitted a search vessel, put together a crew, and developed a seven-ton remotely operated vehicle capable of withstanding deep-ocean conditions. The vessel’s arms and cameras would give scientists the ability to explore the wreck. (They also conducted various other experiments useful to the recovery, such as purposely giving Evans the bends.) As Gary Kinder writes in Ship of Gold in the Deep Blue Sea, the deepest an unmanned submersible had gone previous to this was 6,600 feet. That vehicle had been difficult to control, with only one arm that could perform rudimentary functions. The technology Thompson and his crew developed in secret streamlined and refined the submersible so that it was much easier to control and could perform the delicate tasks needed for the recovery of the ship. It was one of their secret weapons, and the mission to find the Central America was officially launched in June 1986.

The mission was subject to numerous difficulties: seasickness, short tempers, errant weather, malfunctioning equipment, little sleep, and a stretch of time when the only food served was fried chicken. The excursion didn’t turn up anything that first summer, and far too much time was spent the following summer exploring what proved to be the wrong ship. Investors groused about the delays, but Thompson always managed to assuage their fears. “We have to be extremely careful not to destroy any artifacts,” he told The Columbus Dispatch in 1987, before reminding everyone there could be as many as 300,000 individual pieces of gold, keeping optimism afloat.

In late summer 1988, the crew sent the submersible robot down to check out an overlooked blip on the search grid. The ship’s enormous trademark side wheel immediately came into view, and despite an inch-thick layer of “biological ooze” covering everything, it was clear what was strewn all over the football field–sized wreckage site: gold, gold, and more gold, literally tons of it undisturbed for well over a century. The control room aboard the ship, with its walls of monitors and technology that made it look like an alien craft from an old movie, exploded with profoundly human joy.

“We’ve found it. Gold, lots of it,” Thompson said in a missive to shore. “We have hit the mother lode. It’s unquestionably the greatest American treasure ever found.”

Gold and artifacts were brought to the surface starting in fall 1989, the beginnings of a haul that would grow to include 532 gold ingots, 7,500 gold coins, and, at 80 pounds, one of the largest single pieces of gold ever discovered and at the time the most valuable piece of currency in the world. “It gives you a very warm feeling,” investor D. Wayne Ashby told the Dispatch when the discovery was announced.

The expedition’s contract gave Thompson around 17 percent of the proceeds from future sales, but everyone involved in the project expected to become preposterously rich. When asked by a reporter to estimate the value of the haul, Thompson demurred. “I get nervous about these estimates, because we don’t want to disappoint any of our backers,” he said. Nevertheless, Thompson cautiously estimated the find could be worth close to $400 million.

The first haul of gold was taken from the ship straight into armored cars by guards carrying machine guns amidst cheering investors, well wishers, and descendants of the survivors of the Central America wreck. But as it would turn out, that brief glimpse was the closest any investor would ever get to the treasure found at the bottom of the sea.

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In 1988, the Columbus-America Discovery Group had secured its right in admiralty court to excavate the Central America site and retain possession of whatever they discovered beneath the sea. But this ruling was challenged almost as soon as Thompson set foot back on the shore.

Thompson and his companies were sued by no less than 114 separate entities, including 39 insurance companies that had insured the cargo on the original Central America voyage. Lawyers for the insurance firms — “pirates with briefcases,” as one newspaper called them — argued that since the firms had paid claims in 1857, they were entitled to the treasure now that it was recovered. Things got even more complex when an order of Capuchin monks sued Thompson, alleging he had copped the intel given to them by a professor from Columbia University whom they had commissioned to do a sonar search of the same area.

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The estimated location of the S.S. Central America. Illustration by Yunuen Bonaparte.

Recovery operations were suspended in 1991 because of the lawsuits, leaving the fate of the gold brought to the surface in legal limbo — and tons of gold still on the wreck at the bottom of the sea. A judge eventually dismissed the monks’ case, but the dispute with the insurance companies continued.

Lawyers for the insurance companies contended that the firms would have already gotten the gold if they’d been able to. “There is absolutely no evidence of abandonment,” said attorney Marilyn Little in a 1991 interview. “The technology to locate and recover the wreck did not exist until the past few years.”

Attorney Rick Robol argued that the Central America was found in a part of the ocean checked with nuclear dumps, which made it legally a no-man’s land. More importantly, he said, documents attesting to the insurance companies’ claims had long since disappeared. “We had to rely on contemporary witnesses,” Robol said. “We couldn’t call anybody from the 19th century.”

The back-and-forth continued until 1998 (and in the process established case law in admiralty court) when Thompson and his companies were finally awarded 92.5 percent of the treasure. But the legal avalanche, compounded by Thompson’s protracted divorce and the death of his father, put the future of the companies in jeopardy. Trial testimony showed that Columbus-America had spent more than $30 million on salvaging, running the business, and legal fees by 1992 alone. Coupled with a significant devaluing of the rare coin market, a few investors wondered about the future of their investment. The pressure mounted as Thompson attempted to balance his obligations to his crew, his companies, and his investors while being a dad to his three kids.

“Tommy was in agony,” one investor told Columbus Monthly in 1999. “He hated the legal crap, but he didn’t trust the lawyers enough to stay away from it. He was right there, every time there was a hearing. He read every page of every brief, and a lot of times he was helping with the writing, too.”

A financial windfall seemed possible in 1995 when the expedition’s science director announced that in addition to the gold that had already been brought up, plus the treasure the scientists had seen and left on the ship, there was probably even more gold hidden in the wreckage than previously believed. He said government documents he’d uncovered suggested that there was a secret, 10-ton shipment intended for the U.S. Army, but this later proved to be a myth.

As the years went by, a few investors began to feel that Thompson wasn’t being forthright in his predictions about their financial future. While numbers like $400 million were thrown around at first, the value of the haul was later brought down to around $100 million. Meetings with investors became less frequent, they said, as did updates and newsletters. Once lauded for his openness, Thompson appeared to go into a shell.

The Columbus-America Discovery Group was “playing their cards pretty close to the vest. And it ain’t my vest,” one disgruntled investor groused to Columbus Monthly in 1997.

Thompson said that his silence was necessary to protect trade secrets. “You’ve got to understand, we’re a company that’s been in this business for over 20 years,” Thompson said in a deposition in 2008. “[We’re] trying to create an industry and open the deep ocean frontier, and do those things where there isn’t a known business.”

By 1998, some of the investors were fed up with the way Recovery Limited Partnership was being run and made moves to establish another company, this time with the investors in charge. But many of the partners were confident in Thompson’s leadership, and they elected to keep him at the helm by a margin of more than 9 to 1. The companies were restructured, with the reworked Columbus Exploration as a partner company to Recovery Limited Partnership. Thompson was again the head of both entities, though it was stipulated that he would draw a salary only from the former and not the latter.

In 2000, after a deal to sell the gold through Christie’s auction house collapsed, Thompson negotiated the sale of the gold through the California Gold Marketing Group on behalf of Recovery Limited. Much of it was sold to gold and coin dealers, and some of the treasure was displayed in a lavish traveling exhibit across the country, with Thompson sometimes making an appearance alongside his discovery. (Christie’s also sued Thompson for backing out of their deal, but the case was sealed and the outcome remains unknown.)

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Gold coins and bars, part of California Gold Marketing Group’s traveling exhibit of gold from the S.S. Central America. Photos courtesy of Donn Pearlman.

The sale netted the company around $50 million and reportedly came as a complete surprise to investors, as Thompson had not informed anyone he was going to do this until after the sale was complete. Thompson then allegedly told investors that they would not be seeing any of the proceeds, as all the money went to pay off the loans and legal fees that had accrued since the mission began.

In 2001, the agreement between Recovery Limited and Columbus Exploration was amended (allegedly in secret) to give Thompson a $2.1 million payout and a cache of gold coins in lieu of a profit from the sale of the gold. The coins were 500 “restrikes” minted from gold recovered from the Central America. They were valued at approximately $2.5 million and were originally intended to compensate investors. Thompson took the coins without approval from the board, though his attorney Keith Golden maintains there was nothing clandestine about it. “[Thompson] was so honest he put them on his tax returns,” he said.

Nonetheless, in 2005, two former investors filed lawsuits against Thompson for breach of contract and fiduciary duty: Donald Fanta, president of an investment firm, the Fanta Group, and the Dispatch Printing Company, owned by the family that ran The Columbus Dispatch.

Dispatch scion John W. Wolfe was a genial coin collector who had contributed $1 million to the recovery mission and reportedly got along very well with Thompson. However, he died and his cousin John F. Wolfe was put in charge, and the cousin was less confident in Thompson’s direction than his relative. Convinced that Thompson was ripping him off, the cousin pushed the lawsuit ahead. Fanta and Dispatch Printing alleged a breach of contract and requested financial accounting of Thompson’s companies.

There were “eight years of obstructive conduct where they couldn’t get the most basic reports of what happened to the money and what happened to the treasure,” said Quintin Lindsmith, an attorney representing the Dispatch Printing Company. “The investors saw nothing, the investors received nothing, no financial reports were sent to investors.”

Thompson was next sued by a group of nine sonar techs from the original mission who claimed they had been duped out of 2 percent of the profits from the gold, plus interest.

The two cases were combined with a third into a mega-lawsuit in federal court, creating a labyrinthine legal situation with a rotating cast of attorneys and thousands of motions and maneuvers that bewildered even seasoned courtroom players. Missions to the Central America were once again put on hold as Thompson put his mind to work filing legal briefs and appeals.

Thompson is “not a treasure hunter, he’s a scientist,” Golden said. “That’s when things started going south.”

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Once having bragged of being the subject of more than 3,000 articles, Thompson had long since stopped talking to the press, and now spent half the year living in a Florida mansion rented under another name. At one point, Thompson attributed his situation to the “plague of the gold,” a cruel turn of fortune that legend has it often accompanies the unearthing of buried treasure. Thompson began to show symptoms of the gilded affliction. In 2008 he was arrested in Jacksonville after a sheriff observed him hiding something under the seat following a routine traffic stop. It turned out he was hiding fake IDs, four cell phones, and $6,500 in cash, a collection of items that hinted at what was to come.

In July 2012, U.S. District Judge Edmund Sargus ordered Thompson to produce the restrike coins or swear under oath that he didn’t know where they were. After a few frustrating exchanges, Thompson stopped coming to court and wrote to the judge that he’d never personally had them, and that they were likely in a trust he didn’t have access to. The judge said his answers fell “woefully short of compliance,” and on August 6, Thompson was ordered one final time to give up the coins or be sent to jail for contempt.

On August 13, the day Thompson was supposed to reappear in court, he simply didn’t show up. Thompson’s longtime secretary and reputed on-again, off-again love interest Alison Antekeier hired Shawn J. Organ, Thompson’s latest attorney, the day before he was due in court. Organ had never actually met Thompson and claimed that he was out to sea. But Judge Sargus shook his head and declared bullshit.

“He hired lawyers to move to continue today’s hearing. Yet he has another lawyer take the position that he didn’t know about this hearing …. Today is the day of reckoning for him,” the judge said in court.

A warrant was issued for Thompson’s arrest, but it soon became apparent that nobody knew where he was. Organ asked Robol to reach out to Thompson on his behalf, but Robol said that his phone calls had been unsuccessful and he didn’t have any other way to get in touch with him. Although it was known Thompson had a house in Florida, Robol said he didn’t actually know where it was. Thompson’s ex-wife Collette Davidson said that the family would sometimes make sympathetic jokes about Thompson running away due to the stress, but neither she nor their children were able to say where he went.

Then, in early November, Antekeier disappeared as well, skipping out on her own court appearance in which she was supposed to testify about Thompson’s whereabouts. The two were presumed to be together and, some of the investors speculated, in possession of millions of dollars in cash and the 500 gold coins. The litigious investors were irate, and Thompson’s flight seemed to confirm that he had ripped them off. On top of the civil suits against him, Thompson was charged with criminal contempt of court, and U.S. Marshals were tasked with tracking down him down.

“I think he had calculated it, whatever you want to call it, an escape plan, a contingency plan to be gone,” U.S. Marshal Brad Fleming told the Associated Press in the midst of the pursuit. “I think he’s had that for a long time.”

Once the most successful treasure hunter in the world, Tommy Thompson was now the one being hunted.

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In late summer 2012, a handyman named James Kennedy walked up to the porch of Gracewood, a large home in Vero Beach, Florida. Kennedy was trying to get in touch with the mansion’s mysterious tenants, but they always seemed to flit back into the shadows like cats. Kennedy took out his cell phone and pretended to call the landlord.

“I kind of tried to do the intimidation thing. I picked up my cell phone and I said it real loud. I was, like, ‘Well, Vance, I don’t think they’re going to give you anything,’” he recalled in his deposition. “‘You probably ought to call the police.’”

But the ruse didn’t work, and when October rolled around, Kennedy finally let himself in. He had been a handyman for decades, but even he was taken aback by what he found inside.

The windows were sealed off with plastic, cabinets had fallen down, “there was stuff growing out of the sink,” and mold in abundance. There were hundreds of phone batteries in Ziploc bags, maps affixed to the wall, and a large plastic tub filled with so many pills that the house smelled “like a pharmacy.” The garage was filled with bags of trash, while food waste and organic items were simply thrown into a pile in the backyard. The mess was Antekeier’s and Thompson’s, and far from the Bonnie and Clyde romance one might have expected, the situation suggested deep distress.

“It look[ed] like that show on television, Hoarders … I opened up one cabinet door that was still hanging in the kitchen and there was a stack of paper plates there and there were three rats on top of that,” Kennedy said.

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Thompson had been renting Gracewood since 2006, a home away from the hassles in Columbus, and the mansion had become their home base when they fled Ohio two months earlier. Authorities hadn’t traced them to the house because Thompson kept the utilities in the landlord’s name, arguing successfully with the utility company that other celebrities were afforded the same measure of privacy. Gracewood’s landlord was a man with a sunny disposition named Vance Brinkerhoff, who had known Thompson in college and sympathized with the difficulties that came with being a man in the spotlight.

As renters, Thompson and Antekeier had always been friendly but maintained their distance, Brinkerhoff said. By October 2012, however, Brinkerhoff realized that he hadn’t seen the pair in months. He wasn’t aware of the latest developments in Thompson’s legal situation, but he also realized that his tenants hadn’t paid the $3,000 rent in a few months either, so he sent Kennedy over to see what was going on.

Among the mess, Kennedy found a copy of Ship of Gold in the Deep Blue Sea by Gary Kinder. A light bulb went off when he realized that the main character and the mansion’s secretive occupant were one and the same. He searched for Thompson on the internet and learned that the tenants were wanted by U.S. Marshalls.

Kennedy was somewhat torn about what to do, as he could sympathize with Thompson’s situation. Kennedy himself had once found a mammoth bone and was similarly besieged with people trying to take advantage of his find.

“It seems, like, every single time anybody finds anything that’s worth five cents, there’s 500 worms that come out of the woodwork to steal it from you …. [H]e went out and busted his ass, found something like he was supposed to, did his job, and then before he had a chance to do anything had 100 nut lawyers knocking on his door saying ‘we’re taking it away from you’ and then he’s stuck with not enough money to pay for everybody else that he had work for him,” Kennedy said in his deposition.

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The U.S. Marshals erected a wanted billboard as they worked to track down Tommy Thompson and Alison Antekeier. Photo courtesy of the U.S. Marshals Service.

But Kennedy also sympathized with people who were victims of theft — it was possible Thompson “totally screwed everybody over” like the newspapers were saying. So he called the Marshals. But by that point, Thompson and Antekeier had long since fled Gracewood, and law enforcement was once again unable to determine where they went.

“He is calculated, doesn’t do anything on a whim, pretty confident. He knows exactly what he is doing, exactly who is looking for him, and likely is watching this interview,” U.S. Marshal Brad Fleming said in an interview. “I’d like to think we don’t need him to make a mistake for us to catch him, but it would sure help.”

And a mistake is exactly what happened.

In June 2014, a repeat of the Gracewood situation happened a mere eight miles away, at the Pennwood Motor Lodge in Sebastian, Florida. The occupants of a private cabin in the woods hadn’t been seen in a while, a handyman checked out the property and called police after finding car registration paperwork belonging to Antekeier. Based on material found in the Pennwood cabin, the Marshals were alerted to the Hilton Boca Raton Suites, a banal upscale setting where the pair of fugitives had remained hidden since May 30, 2013. U.S. Marshals prepared to descend on the hotel.

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To a man of science like Bob Evans, it was inconceivable that his friend Tommy Thompson had ended up on the FBI’s Most Wanted list alongside the Boston Marathon bombers. Thompson was a brilliant mind and incredible strategist, but he was not suited for life on the run. One of the last times anyone had seen him, it was a worrisome sight: Thompson was in the backyard of a house he was renting, yelling into his phone in his underwear.

“My old friend, boss and colleague was simply not that colorful or swashbuckling,” Evans wrote in a reflection on the saga for Coin Books, an online numismatic publication. “He was hardly Jack Sparrow or Blackbeard. Think more along the lines of Dilbert in charge of the operation.”

But what had to be one of the most intense disappointments in the saga, for Thompson, was the fact that the excavation of the Central America would carry on without him.

In 2013, with Thompson apparently MIA, a judge determined that Thompson’s businesses were in a state of “great disarray and insolvency.” The court appointed a Columbus lawyer named Ira Kane as receiver of the recovery mission, and in this capacity he was authorized to put straight its business affairs. Kane in turn contracted a company called Odyssey Marine Exploration to finish the recovery of the Central America. The goal was to bring the rest of the gold to the surface and ensure that the investors got paid.

“If Mr. Thompson has significant holdings in the U.S. and otherwise that belong to the receivership, I will go for it,” Kane told the Columbus Dispatch. “If he has gold sitting in a vault, and going after it outweighs the cost, I will. If there are dollars that he is hiding, I want every penny of it.”

The renewed excavation launched in April 2014, with U.S. Marshals putting a wanted poster of Thompson aboard the ship in case he attempted to rejoin the mission. The operation was quite successful, bringing up more than 45 gold bars, 15,500 coins, and hundreds of artifacts over the course of numerous dives, including a pair of glasses, a pistol, and a safe filled with packages. The sale of the gold was once again undertaken by the California Gold Marketing Group. All Thompson could do was watch these developments from afar, a fugitive from his own life’s work.

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On January 27, 2015, Thompson, then 62, was pale and sickly as he sat in his room in the Hilton Suites in Boca Raton, his body racked with the paranoid tics of a man on the run. Surrounding him was detritus befitting a fugitive — fake IDs, burner phones, voice-changing equipment, and information about which countries don’t have extradition treaties with the U.S. In the closet was almost $430,000 in cash, stacks of $100 bills stored in lashed-together suitcases.

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With his scientist’s wild hair, Thompson was the more recognizable of the two, so Antekeier was tasked with running errands and paying the bills. She took almost comically cinematic precautions when appearing in public, wearing big floppy hats and taking a succession of buses and taxis to lose anyone who might be on her tail. Just as she always did, when she arrived back at the hotel that January afternoon, she looked around furtively to make sure she wasn’t being followed.

As it turned out, this time she was.

The hunt was led by an intimidating and extremely direct U.S. Marshal named Mike Stroh. He had been involved in manhunts all over the country, but the mission to find Thompson had special resonance with him as a professional person-finder. Thompson was “one of the smartest fugitives ever,” who found a ship in the middle of the sea “like he was trying to find a set of car keys he misplaced in his house, but his house is hundreds of miles of ocean,” Stroh told the Associated Press.

Stroh had been after the couple since they’d absquatulated from Ohio well over two years earlier, and if he had a tail it would have been twitching like a cat’s when he spotted Antekeier. After seven hours of following her, Marshals crashed their way into the hotel and surprised the two, screaming at them not to move.

The Marshals would ultimately cart away 75 boxes of evidence from the room, but they came up empty-handed in one aspect of their quest. Investigators found boxes in the Gracewood mansion that looked a lot like those that had held the restrike coins, but the gold itself was nowhere to be found.

Not long after, the pair appeared before a judge in Florida who decided they should be shipped back up north to face the music they’d been putting off for years.

Thompson tried to fight the extradition. He claimed he was allergic to the weather up north, and the climate would exacerbate his many ailments, one of which was a tropical illness he said he’d contracted when he was bitten by a mosquito in South America.

The judge was not buying it.

“Your health condition is in no way relevant to the issue of whether you are the individual wanted up in Ohio or not,” Judge David Lee Brannon said, and Thompson was shipped back. U.S. Marshal Brad Fleming said Thompson was chatty as they made the journey back, perhaps relieved that he no longer had to hide.

Thompson and Antekeier appeared in Judge Algenon Marbley’s courtroom in Columbus on April 8, 2015, clad in prison jumpsuits and chains. Both pleaded guilty to criminal contempt.

Antekeier’s attorney, Dennis McNamara, asked for a light sentence, arguing that concerns about Thompson’s health and legal problems had clouded her judgment. “Mr. Thompson was so sick at the time, I really felt there was no other option,” Antekeier later explained. “I wanted to save his life.”

Once again, there was little sympathy from the bench.

“Fidelity is meant for the Marines, not for people engaged in criminal activity,” Judge Marbley said.

Antekeier was ultimately given a $5,000 fine and two months’ probation after serving a month in jail. Thompson was given a two-year sentence for the contempt charge and a $250,000 fine. They agreed to turn over the $425,380 in cash seized from the Florida properties as part of their plea deal and to divulge the whereabouts of the 500 gold coins.

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The capture of Tommy Thompson made for a fairly pedestrian end to a story that had captivated Columbus for years. The city had rooted for the hometown hero’s success and celebrated the Midwestern ingenuity that put Columbus on the map.

Even after he’d fled, many couldn’t help but be almost charmed by his flight. Michelle Sullivan, a Columbus journalist who’s written extensively about the case, imagined Thompson was on a remote island somewhere, engineering in paradise like Gilligan. Other associates were wistful about the turn of events. “It’s almost like he’s a memory,” Bob Evans said.

But the notion that not even a brilliant mind could resist running off with gold was too salacious not to report, and the allegations of thievery became the dominant narrative. Thompson’s reputation as a scientist-hero was overshadowed by the notion that he went rogue and bungled a crime. It was an unfortunate bookend to the legacy of someone who had long maintained that the historical and scientific aspects of the recovery were the most important point of the mission.

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Gold ingots, pokes, dust and nuggets, all part of the exhibition showing the recovered treasure from the S.S. Central America. Photos courtesy of Donn Pearlman.

Indeed, the non-gold accomplishments of the Central America mission are impressive and resounding. Michael Vecchione, a zoologist with the Smithsonian who briefly worked with the expedition, said the jerry-rigged technology of the Nemo is now standard practice for deep-ocean explorations. The mission took thousands of hours of video, giving scientists an unprecedented look at deep-sea life and revealing new species and their evolutionary adaptations, he said. Deep-sea sponges were retrieved and studied for their antitumor properties. And the way in which they physically nabbed the gold was incredible in its own right: The robotic arms of the submersible gingerly placed a frame around a pile of coins and injected it with silicone, which, when solidified, made for a block full of gold that could be stored until it was ready to be brought to the surface. Controlling all of this were systems less powerful than those contained in the average smart phone, Bob Evans said.

The coins and other gold items recovered from the Odyssey Marine–led excavation debuted in a public exhibit in Los Angeles in February 2018 to record-setting attendance, and they were next seen in May 2018 at an NRA convention in Dallas. Coin collectors jumped at the chance to own a piece of such historic treasure, and all of the collectible gold coins have since been sold, bringing in around $30 million for the receivership, or a net profit of $15 million after paying for the costs of their recovery.

After administrative costs, court costs and creditor claims, there would theoretically be a distribution to the investors in Recovery Limited Partnership — the first time they would ever see a dime, 33 years after the initial investment for some.

“It will not be 100 cents on the dollar of what they invested, but it will be a material distribution, the final amount of which has not been determined. But they will get some of their money back,” Quintin Lindsmith, an attorney for the Dispatch Printing Company said during the November 2018 trial.

But the 500 restrike coins were still MIA, and Thompson wasn’t speaking, so the lawsuits ground on. Thompson’s staunch recalcitrance toward giving up the fight has mystified observers of the case, and nobody knows what to make of his evident willingness to endure privations even harsher than those from his days on the run.

* * *

Collette Davidson, Thompson’s ex-wife, sat in a lush garden among busy insects on a sweltering Ohio summer day in June 2018. The idyllic surroundings of Davidson’s yard are the opposite of the Federal Correctional Institution in Milan, Michigan. The prison, an imposing but generic detention facility surrounded by razor wire, is about three hours from Columbus, and it is the place Thompson has called home for more than four years. It appears to be his home for the foreseeable future, as Thompson is serving an indefinite sentence in federal prison for civil contempt for refusing to divulge the whereabouts of the coins.

Davidson said she is baffled by how things have played out since Thompson’s arrest.

“They think he’s lying, but it’s just his personality.”

In the years that he’s been incarcerated, Thompson has appeared by videoconference before Judge Marbley every other month and asked if he’ll reveal the location of the coins. At one point, Thompson told the court he never had the coins, but then said he’d already spent the proceeds from selling them on legal funds. Then he claimed the coins were held in a trust in a bank in Belize, but that nobody can access the trust without a power of attorney signed by Thompson, which he says he can’t sign.

Judge Marbley has long said that the keys to Thompson’s freedom are in his own hands. “As long as you are content to be a master of misdirection and deceit to the court, I am content to let you sit,” he said.

“I said what I know about [the coins],” Thompson said. “There can’t be an epiphany.”

Thompson is also being fined $1,000 for every day he refuses to speak, meaning his fines are now likely approaching $2 million.

The bleak impasse has led many to wonder why he won’t just reveal the location of the coins. It has been hard to deduce his motivations, even for those who know him well. Some say he’s taking a fall to ensure the financial security of his children, while some say he’s sticking it to the Man.

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Tommy Thompson’s mugshot. Photo courtesy of the Delaware County Sheriff’s Office.

Davidson suggests Thompson’s predicament might be the result of a singular mind that explores a problem so deeply that more problems develop in the periphery as a result. His intense concentration and extreme focus found the Central America, and the same focus applied to trying to find an answer to his current predicament is taken as unwillingness to play ball.

“They think he’s lying, but it’s just his personality,” she said. “We don’t leave any room in this world for unusual people.”

But it’s also hard for Davidson to understand why her ex-husband is being hounded so severely, as the cost of maintaining lawsuits for 15 years surely has to outweigh the initial investment. Only two of the hundreds of investors in the mission have sued Thompson because they knew it was a gamble to begin with, she said. In fact, one investor had famously even written “Bye Bye” on the memo line of the check he gave to Thompson, fully appreciating the venture’s quixotic nature.

Moreover, as Bob Evans explained, the actual value of the gold was highly speculative in the first place.

The “accusations about missing millions is founded on optimistic projections from press releases and statements made shortly after we found ‘the treasure.’ When these statements were made we did not know what we might find ultimately, or what it would bring in the market … ” Evans wrote in Coin Books. “The point here is that treasure is not missing. The inventory has been published. There is no other gold that has been recovered. Perhaps the math is not simple, but it is not beyond the talents of the most elementary minds, or at least the reasonably educated.”

But according to Quintin Lindsmith, attorney for the Dispatch Printing Company, recouping the supposedly missing returns is not the point. His clients are well aware that they’ve spent more than $3 million trying to recoup a $1 million investment, he said, but they believe Thompson stole from them and lied about it, making it a matter of principle.

Whether Thompson had taken gold he shouldn’t have, or whether certain investors were being particularly vindictive, was up to the jury to decide. Thirty years and two months after the treasure was found, Thompson was driven the long three hours from Milan, Michigan, to Columbus, Ohio, to stand trial and answer questions many people had been waiting a long time to ask.

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Everyone at the November pretrial hearing was on edge when Thompson hadn’t yet arrived as scheduled for his first day in court. The missing defendant suggested a repeat of previous events. Had he somehow fled? But it turned out Thompson wasn’t on time because there was a delay in leaving the prison.

In their opening arguments, the lawyers for the plaintiffs laid out the details of Thompson’s flight and the particulars of the various recovery contracts. They strategically rattled the defense by announcing right away that they would be able to prove that there was gold people didn’t know about and that Thompson had deliberately hidden it from investors. Thompson, in a navy sport coat and light-colored plaid shirt, was momentarily nonplussed, and his eyes, behind his black, thick-framed glasses, registered a small amount of surprise.

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The trial got underway, and evidence showed that he had a bank account in the Cook Islands with more than $4 million in it. Most damning, however, was alleged evidence that he had stashed gold at the bottom of the sea, presumably to be retrieved later on: When the receivership went back down to the Central America in 2014, they found coins and gold bars that had been neatly laid out on trays.

“And by trays, I mean trays you buy from Target, not trays from 1857,” Lindsmith said.

In responding to the proof of the coins on trays, Thompson publicly admitted, for the first time, that there was in fact gold he hadn’t told anyone about. According to his testimony, he’d left the coins in the trays as bait, so that if the company returned to the site and found that they were missing, they would know somebody had been to the wreck site without their authorization.

“The problem is, that bait had a value of around $5 million,” Lindsmith said. “And when pressed on that point, he admitted that if he’d brought it up in 1991, it could’ve been sold and the cash proceeds could’ve been distributed to the investors.”

Thompson also admitted that he had made off with the 500 gold coins as a form of remuneration he felt he was due. Thompson testified that he’d arranged to transfer the coins around the country with an unknown party over the phone. In her testimony, Alison Antekeier said that between 2006 and 2010 she moved them from California to a safe-deposit box in in Jacksonville, and then to a storage facility in Fort Lauderdale, where she gave them, in a handful of suitcases, to a man who was supposed to transfer them to an irrevocable trust in Belize.

This was the point Thompson was trying to make all along. He wasn’t being difficult when he said he couldn’t access the coins; he legitimately couldn’t. As his attorney Keith Golden explained, an irrevocable trust means that once the trust is set up, the person who opened it cannot access it without the permission of the named beneficiaries. The manager of the trust, in this case the bank in Belize, is under no obligation to provide him access, and for that reason, Thompson claims he genuinely doesn’t know where the coins ultimately ended up. (Who was supposedly named as beneficiaries on the trust is unclear.) Golden also disputed the notion that the coins were placed on trays for Thompson’s secret benefit. He didn’t bring the gold up because at the time, during the dispute with the insurance companies, a judge had ruled that Thompson was only entitled to 10 percent of the profits. “Why would he want to bring the gold up then?” Golden asked. (The ruling was later overturned on appeal.) “They made it sound like he’s going to go out in a rowboat in the middle of the night and retrieve the treasure from 7,500 feet below the surface,” Golden said, “but all of Thompson’s dealings have always been aboveboard.”

“In the trial, in four and a half weeks, guess how many investors came in to complain other than the Dispatch — nobody,” Golden continued. “If you have a campaign for years and years and say, ‘Tommy Thompson’s this’ or ‘Tommy Thompson’s that,’ eventually people are going to believe it. And guess what — if you control the media and the newspaper, you’ve got the open channel to do that.”

Finally, after weeks of testimony, the attorneys made their closing arguments and the jury reached its verdict.

“What they did just killed an opportunity, ruined it.”

Thompson sat in his wheelchair, legs shackled, as the official paperwork was handed from the foreman to the bailiff to the judge. Time felt like glue and the courtroom’s ambient noises seemed distorted, heavy, and low. After the decades of science, discovery, stress and flight, it all came down to this.

In the matter of the civil case against, it was determined that defendant Thomas G. Thompson owed the receivership $16.2 million dollars and the Dispatch Printing Company $3.2 million, for a combined total of $19.4 million. Thompson sat expressionless while everyone else gasped.

“The truth is, it is actually larger than I expected,” Lindsmith said, “but the decision was quite appropriate.” The determination reflected the amount of profit from the 2014 sale of gold retrieved by the receivership, which Lindsmith said should have have gone to the investors in 1991.

However, the jury declined to award any punitive damages or court fees, indicating that there was no evidence that Thompson acted with malice. Either way, Lindsmith said the victory is once again about the principle. Like the cost of the litigation itself, the financial cost is immaterial to the larger point. “Whether we’re capable of collecting [the judgment] is a separate question,” he admitted.

This isn’t to say that the receivership or the investors aren’t interested in making money. The receivership is fielding offers for a multitude of items from the Central America and the recovery missions. Available for sale are bits and pieces of scientific and historical ephemera, including silicone molds with gold coin impressions, and even the Nemo, the remote underwater vehicle that was the first human contact with the Central America since 1857.

“There are thousands of items,” auctioneer Robert Cassel said in an interview with The Columbus Dispatch. “There’s still cigars rolled that you could smoke. There’s jewelry that people wore that’s part of the recovery. There’s clothing. There’s shaving gear. They have tickets from the passengers.”

Golden scoffed at the award and the plans for the auction, saying it was nothing compared to what they could have received if they hadn’t been so fixated on punishing Thompson. The receivership would have been much better off, he said, if they had put the lawsuit to the side and utilized Thompson’s intelligence and expertise to their advantage by finishing the recovery of the Central America and then moving on to the many, many other ships that sank with gold.

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Gold bars and coins at the shipwreck site in 1989. (AP Photo/File)

“You’ve heard the saying, ‘You cut off your nose to spite your face’? That’s exactly what the Dispatch [Printing Company] did. They sat back and instead of kicking this guy’s legs out from underneath him, if they had been more productive then and not done what they did, we’d all be sitting on a fortune right now,” he said. “What they did just killed an opportunity, ruined it.”

Golden adds that the relentless litigation torpedoed an opportunity that would have made the Central America recovery look like chump change. Thompson was working with the Colombian government in the mid-1990s to recover an old galleon whose estimated value is legitimately a few billion dollars. The deal fell apart on account of Thompson’s legal situation, Golden said, but if the investors would have supported this mission, the rewards would have been far more lucrative than a paper judgment. Indeed, the discovery of this ship — the Holy Grail of sunken Spanish galleons — was announced to the world in May 2018 and is said to be carrying up to $17 billion worth of gold.

In better news for Thompson, the lawsuit brought by the sonar techs was dismissed with prejudice in August 2018, meaning that they can’t attempt to sue him again later on. The next steps for Thompson in the case brought by Dispatch Printing include an appeal of the judgment, with the hopes that the award will be diminished or overturned.

Separately, Thompson has filed an appeal in federal court to be let out of prison. Ordinarily, federal “recalcitrance statutes” limit imprisonment for uncooperative witnesses to 18 months. Thompson is currently awaiting the ruling of a three-judge panel about whether or not his is valid.

“I think it’s just another bump in the road. It’s more of the same for him. I would say he’s a bit numb at this point,” Golden said. “But he’s making plans to move forward with his life. This isn’t the end of his life by any means.”

Thompson hasn’t spoken with the press in decades, and unfortunately that prohibition was not broken for this article. What little time he has to use the phone is spent speaking with lawyers, business partners, and his family; ditto for the days he can have visitors. And after decades of developing new technology, going after hidden gold, and having to fight in court, Thompson is used to secrecy and has no reason to talk about the case to anyone.

Alison Antekeier still lives in Columbus, keeps a low profile, and is still reportedly very sympathetic to Thompson. Numerous attempts to contact her went unanswered.

In Ship of Gold in the Deep Blue Sea, Gary Kinder includes chilling survivor accounts of the Central America disaster, including men and women screaming maniacally as they dumped out purses and emptied hidden pockets of gold as the ship sank. The vacated wealth was something they otherwise would have killed to protect. It was mania wrought by the plague of gold, a crippling infirmity that afflicts humans alone.

“People, modern and historical, are all flawed,” mission scientist Bob Evans said. “The one true superlative is the treasure.”

Dylan Taylor-Lehman is a nonfiction writer from the foothills of Appalachia who has lived and reported in numerous biomes. In addition to his work for Narratively, he has written for a variety of publications about landfill ecosystems, strange crimes, modern Kafkology, and the history of the Spanish tortilla. His first book, Dance of the Trustees, chronicles the astonishing concerns of a small Ohio township, and his history of the Principality of Sealand, the world's foremost micronation, will be published by Diversion Books in June 2020.

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This post originally appeared on Narratively and was published June 13, 2019. This article is republished here with permission.

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