Florida authorities have recovered stolen gold coins linked to the 1715 Spanish Treasure Fleet. Eric Schmitt, who was contracted for salvage operations, faces charges of trafficking in stolen gold coins. The recovered coins, worth $1 million, were part of a trove discovered by the Schmitt family in 2015. Investigations linked Schmitt to the illegal sale of stolen coins between 2023 and 2024. The Florida Fish and Wildlife Conservation Commission (FWC) expressed its commitment to recover the remaining stolen coins and bring those involved in their illegal sale to justice.
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