Testing a Richard Montgomery salvage rumor

Is there truth to the story that Americans paid a salvage company to remove Richard Montgomery's ammunition and the company disappeared with the money?

There is no known support for the story, and any such operation would have required British permission because the wreck lies in British territory.

There is no recognized support for the alleged American-funded salvage operation. The wreck sits firmly in British territory, so an outside company could not lawfully approach and remove ammunition on its own authority. British permission would have been necessary for any real recovery effort. Jurisdiction therefore provides a straightforward way to test the story before accepting it.