Yamashita's Gold included many items of value that were stolen by Japaneses soldiers during World War II. It is believed that after the treasure was stolen, it was then hidden in secret underground locations throughout the Philippines. Most of Yamashita's Gold remains unaccounted for to this day and there are many theories as to where the treasure is currently located.
The treasure was named after a general from the Japanese forces. He carried the nickname of "the Tiger of Malaya," and he was eventually executed for war crimes. The legend of Yamashita's Gold has continued to intrigue treasure hunters. In fact there have been lawsuits involving treasure hunters and government officials. Those lawsuits often stemmed from misinformation allegedly provided by the Japanese government and others that are assumed to have been complacent in the crimes.
According to the legend of the treasure, it was looted. Like many other famous cases of looting, the treasure is still unaccounted for. There are some that claim that the treasure is a part of a conspiracy theory.
Some believe that the United States forces intercepted information on the treasure and took possession of a majority of the treasure. In addition, there are people that claim the treasure still lays buried in the Philippines, and still others that think the treasure sunk in the waters off of the Philippines.
Regardless of where the treasure is actually hidden, the fact remains that it has never been found, or if it was, nobody has ever admitted to finding it. Treasure hunters continue to search for the treasure and the controversy lives on.