Fugitive treasure hunter nabbed after two-year chase

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A shipwreck treasure hunter locked in a legal battle over one of the greatest undersea hauls in American history was arrested in Florida after more than two years on the lam, authorities said Wednesday.

The U.S. Marshals Service tracked Tommy Thompson to a Hilton hotel in West Boca Raton and arrested him Tuesday.

Authorities didn't immediately explain how they were finally able to track down Thompson, whom they called "one of the most intelligent fugitives ever sought by the U.S. Marshals."

Thompson made history in 1988 when he found the sunken S.S. Central America, also known as the Ship of Gold. In what was a technological feat at the time, Thompson and his crew brought up thousands of gold bars and coins from the shipwreck. Much of that was later sold to a gold marketing group in 2000 for about $50 million.

The 161 investors who paid Thompson $12.7 million to find the ship never saw returns from the sale.

Click here for the full report by SeattlePI.com.