Skip to main content

Treasure hunter claims FBI is covering up discovery of Civil War-era gold worth millions: 'Double-crossed'

Treasure hunter Dennis Parada argues the FBI is covering up the discovery of Civil War-era gold in Pennsylvania and is in the midst of a legal battle to get answers.

The FBI is covering up a trove of Civil War-era gold the agency dug up in Pennsylvania, one treasure hunter claimed – and he's determined to expose the alleged truth. 

"We feel we were double-crossed and lied to," said Dennis Parada, co-owner of Finders Keepers. 

The FBI had searched a remote area in Dents Run in 2018 for a cache of gold worth hundreds of millions of dollars, but the agency said it did not find anything. The area is allegedly where an 1863 shipment of Union gold disappeared on its way to the U.S. Mint in Philadelphia.

Parada sued the Justice Department last year to force the FBI to release records on the search of the excavation site, and a judge ruled in favor of the agency.

TREASURE HUNTER FINDS BURIED KEYS TO NEW CAR. COULD YOU SOLVE THE RIDDLE THAT LED HIM TO THEM?

After reviewing the newly released documents, Parada said the FBI is distorting key evidence and improperly withholding records in an apparent effort to conceal the recovery of the historic gold cache.

TREASURE HUNTER WHO REFUSED TO DISCLOSE LOCATION OF SHIPWRECK’S 500 COINS MARKS 6TH YEAR IN JAIL

"The truth will come out," said Parada, who's looking to earn a finder’s fee from the potential discovery. 

A federal judge overseeing the case will decide if the FBI must release its operational plan for the gold dig and other records it wants to keep secret. The judge could also order the FBI to keep looking for additional materials to turn over to the treasure hunter.

Fox News Digital reached out to the FBI Sunday morning about Parada’s claims of a coverup, but did not immediately receive a response. The FBI declined comment to The Associated Press.

The FBI confirmed last year that the agency had searched the area for gold, but did not recover anything, adding that it "continues to unequivocally reject any claims or speculation to the contrary."

TREASURE HUNTER DIGS UP $40K RING, FINDS ORIGINAL OWNERS: ‘I COULDN’T BELIEVE IT’

Parada and his consultant, Warren Getler, suspect the FBI conducted a late-night dig of the area and found the gold in 2018.

"We have compelling evidence a night dig took place, and that the FBI went to some large effort to cover up that night dig," said Getler, co-author of "Rebel Gold," a book exploring the possibility of buried Civil War-era caches of gold and silver.

Parada and his son, Kem Parada, had searched for the gold for years, eventually finding a remote woodland area that contained a large quantity of metal. The duo's work eventually led the FBI to obtain a warrant to search the area in March 2018, which was documented by a videographer. 

GIRL, 9 YEARS OLD, DISCOVERS RARE PREHISTORIC MEGALODON TOOTH IN MARYLAND WATERS: 'I COULDN'T BELIEVE IT'

Parada suspects that between the first and second days of the court-authorized excavation, the agency found the historic gold during a clandestine, overnight dig. Residents previously reported hearing a backhoe and jackhammer overnight – when the dig was supposed to have been paused – and seeing a convoy of FBI vehicles, including large armored trucks.

The FBI has denied it conducted an overnight dig.

"I will stick at this until the end, until I know everything that happened to that gold," Parada said. "How much, where it went to, who has it now. I gotta know."

The Associated Press contributed to this report.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.