Description
The Miscovich emeralds hoax was an attempt by American Businessman and diver Jay Miscovich to pass off emerald gems purchased from a modern store after the treasure was recovered from the wreck of a 16th-century Spanish galleon. Miscovich’s fraud – which involved him planting, rediscovering, and then recovering the emerald – fastly attracted the attention of investors and the marine salvage industry, with entities claiming ownership of the emerald.