1001 Heroes, Legends, Histories & Mysteries Podcast

YAMASHITA'S GOLD

09.29.2019 - By Jon Hagadorn Podcast HostPlay

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When the Japanese nation began their war in Asia and the Pacific in 1937, they also began the systematic looting of every country they conquered- a looting which lasted through 1944, and which collected what some researchers believe was the largest sum of stolen property ever amassed in the history of man.  Everything from money to gold and silver  to precious jewels to religious artifacts was taken  from national treasuries, museums, banks, personal collections, and more, and shipped to a collection point in Singapore- then secreted to hiding places for later recovery.  When Japanese merchant ships loaded with stolen treasure began to be sunk by allied planes and submarines- Japan needed a safer destination- and General Yamashita in the Phillipines offered a solution. Billions of dollars worth of gold bars and priceless artifacts were sent to him to hide in caverns and tunnels, and usually the prisoners who helped to dig the tunnels and pits and transport the bullion were killed. But legend persisted in the Philippines about buried loot and one man found it. His name was Rogerio Roxas. But when the corrupt president Marcos caught wind of that find, the end was in sight for Roxas, and Marcos was on his way to becoming the wealthiest man on Earth. How much is legend- and how much is fact- you can decide. This is the story of Yamashita's Gold. Credit BBC Marcos Gold. Credit article by David Guillot.

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