foolish? i was so angry that i couldn t even speak. to think what this guy had done to me. reporter: eager to find answers, karl tracked down kirk shaffer, a california diver who worked for standefer and had also given him some money. shaffer says he never got paid back. and when he heard karl s story, the diver was ready to talk about dennis standefer. i never saw him find anything. even gold. look, most of the time it was running around, looking for things that he could tantalize investors with. reporter: shaffer told karl that standefer was a con man who had fooled newspapers and tv. the key, kirk says, was that the cons always had a kernel of truth. the japanese did hide gold on some hospital ships. and there were dragon jars. but, shaffer claims, standefer never had any intention of going after them. he seemed to be much more interested in just keeping the game going.
it is just ready for the taking. and i said, well, what do you? documentation you can show me, maybe we can work something out because i wanted to see how far he would go with this. he looks at me very serious and points, it s all up here. and i said, okay, dennis, it is probably going to stay there because that s as far as we re going to go with this. harold karaka walked out. i didn t feel better when i left. but at least i knew that he was there and hopefully he wasn t going to get out. after spending nearly two years in a jakarta jail, standefer was extradited to the philippines to stand trial on the rape charge. we got this written statement from standefer and had a phone conversation with him from his jail cell in manila. standefer says, he s no con man. but a legitimate treasure hunter. and he s never phonied up or salted sites, he said. he said karl and his friends tried to kill him and paid off police in three countries and interpol, all to get at his platinum bars which