Greg Brooks, co-manager of Sub Sea Research, is seen aboard the salvage ship Sea Hunter in Boston Harbor Wednesday, Feb. 1, 2012 holding a picture of the British merchant ship Port Nicholson which was sunk by a German U-boat in 1942 with a cargo of 71 tons of platinum now worth about $3 billion. Brooks will use the Sea Hunter to recover the cargo of the Port Nicholson. A port hole of the Port Nicholson can be seen on the screen behind Brooks. (AP Photo/Winslow Townson)
PORTLAND, Maine (AP) — A treasure hunter said Wednesday he has located the wreck of a British merchant ship that was torpedoed by a German U-boat off Cape Cod during World War II while carrying what he claims was a load of platinum bars now worth more than $3 billion.
If the claim proves true, it could be one of the richest sunken treasures ever discovered.
But an attorney for the British government expressed doubt the vessel was carrying platinum. And if it was, in fact, laden with precious metals, who owns the hoard could become a matter of international dispute.
Treasure hunter Greg Brooks of Sub Sea Research in Gorham, Maine, announced that a wreck found sitting in 700 feet of Login to read more