[Travis McGee]

There are also a third and a 4th option: "poaching" on a known wreck, or midnight salvage without govt approval on a wreck in an area that requires same and generally doesn't allow private salvage.

You discover a wreck in a lot of the world and you report it "legally" to the govt, you may be thrown out of the country or arrested.

So that El Presidente's worthless brother-in-law can salvage the wreck that you found.

The problem becomes how to fence the more valuable items. A cover story must be developed.

Bullion will be melted down.

[wildbill]

Yeah, but the story identified the divers as part of Fisher’s org. and the find was made public.

Doesn’t sound like a midnight salvage job.