By Sheila K. Stogsdill
From page 52 of the September, 2003 issue of Lost Treasure
Copyright © 2003 Lost Treasure, Inc. all rights reserved
A former Pennsylvania police officer, convicted of masterminding a plan to finance a treasure hunting expedition by robbing a drug dealers home, has found a multi-million dollar treasure cache off the coast of Ecuador. Edward P. Krajewski, Jr., 53, of Jamison, Pennsylvania, a deep-sea diver and novice treasure hunter, has spent 22 years looking for Sir Francis Drakes bounty. According to historians, Drake, a 14th century pirate, who was at odds with the Spanish, dumped 45 tons of silver into the Pacific Ocean, near La Plata Island, before sailing back to England in 1580. Today, La Plata Island, which means, silver in Spanish, is a small, uninhibited island surrounded by 200-foot cliffs, with an old hotel setting on small pillars.