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. correct.
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.