The Mystery Of Leon Trabuco’s Lost Gold

In keeping with Unsolved, Leon Trabuco’s group would have made about $7 million in revenue when the gold worth soared. Nonetheless, they determined to not promote but, as they needed to attend for the value to extend additional to have the ability to get extra revenue. That was a nasty resolution, although.

In January 1934, President Franklin D. Roosevelt signed the Gold Reserve Act, which acknowledged that every one gold within the U.S. was to be transferred to the U.S. Treasury, thus making it unlawful to privately personal gold and promote them for revenue. Trabuco and his co-conspirators had been left with 16 tons of buried gold that they couldn’t revenue from. Over time, the three males who had been a part of the deal died, and solely Trabuco was left. In 1946, an investigation into his smuggling actions started, and he was discovered to have violated the Gold Reserve Act. Nonetheless, per The Meister Chronicles, he was given the choice to disclose the situation of the gold in alternate for getting the prospect to sue for the rightful possession of the gold. Trabuco refused the deal and fled to Spain. It’s unknown when precisely he died, however the location of the gold was by no means revealed. All through the years, many have tried to seek out the gold, however nobody has been profitable to this present day.