| Record | OBS-0699 |
|---|---|
| Category | Secret Societies/Groups |
| Status | UNPROVEN |
| Summary | A theory that treasure looted from Panama by pirates or privateers was buried on Oak Island. |
| Origin | This theory is listed on the Oak Island Mystery website as one of the popular theories. |
| Claimed |
|
| Evidence / consensus | There is no evidence connecting the Panama looting to Oak Island. |
Sources are external and provided for verification. Listing does not imply the Observer endorses their claims.