CNBC report on treasure hunters’ years long search and FBI’s involvement
Surrounded by dozens of stone-faced FBI agents on a frigid winter’s day, Dennis and Kem Parada stared down at the empty hole and knew something wasn’t right.
The father-son duo spent years combing this bit of Pennsylvania wilderness with high-end metal detectors, drills and other tools to prospect for a fabled cache of Civil War gold. They felt certain they’d discovered the hiding place of the long-lost booty, leading the FBI to the mountainous, heavily wooded area last March.
Now, at the end of the court-sanctioned excavation, the FBI escorted the treasure hunters to the snow-covered site and asked them what they saw. They gazed at the pit. Not so much as a glimmer of gold dust, let alone the tons of precious metal they said an FBI contractor’s instruments had detected.