The Mystery Of Leon Trabuco's Lost Gold

May 2024 ยท 2 minute read

According to Unsolved, Leon Trabuco's group would have made about $7 million in profit when the gold price soared. However, they decided not to sell yet, as they wanted to wait for the price to increase further to be able to get more profit. That was a bad decision, though.

In January 1934, President Franklin D. Roosevelt signed the Gold Reserve Act, which stated that all gold in the U.S. was to be transferred to the U.S. Treasury, thus making it illegal to privately own gold and sell them for profit. Trabuco and his co-conspirators were left with 16 tons of buried gold that they couldn't profit from. Over the years, the three men who were part of the deal died, and only Trabuco was left. In 1946, an investigation into his smuggling activities began, and he was found to have violated the Gold Reserve Act. However, per The Meister Chronicles, he was given the option to reveal the location of the gold in exchange for getting the chance to sue for the rightful ownership of the gold. Trabuco refused the deal and fled to Spain. It's unknown when exactly he died, but the location of the gold was never revealed. Throughout the years, many have attempted to find the gold, but no one has been successful to this day.

ncG1vNJzZmivp6x7qL7Up56eZpOkunCDlGpscG9fqbWmecyyqq2doq56sLKMpZyopl2pv6Ku1JymrGWcpMC1ecaoo51n