KNOXVILLE, Tenn. (AP) Three 55-gallon drums with an estimated$805,000 in silver coins hidden by convicted bank fraud artist C.H.Butcher Jr. were recovered Tuesday in a rented truck at a suburbanairport.
Federal authorities also said they recovered $732,000 in U.S.Treasury coupons which Butcher had hidden from bankruptcy creditors,who have claims of $237 million against him.
Found with the coins was a rosary, wrapped in plastic.
The coins - damp, dirty and most still in rotting bank bags -were turned over pursuant to Butcher's guilty plea to bankruptcyfraud, bank fraud, tax fraud and money-laundering, said U.S. AttorneyJohn W. Gill Jr.
Although …
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