Updated

A fugitive treasure hunter wanted by federal authorities for more than two years has been arrested in Florida.

A senior inspector at the U.S. Marshals Service in Columbus, Ohio, said Wednesday that the agency tracked down Tommy Thompson at a hotel in Palm Beach County.

Thompson made history in 1988 when he found what's been described as the greatest lost treasure in American history, the sunken SS Central America. A yearslong legal battle involving insurance companies and investors ensued.

Thompson was arrested on a civil warrant issued in Ohio in August 2012 after he failed to show up for a key court hearing in a case involving investors who say they were duped by him.