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Lewis Hubert Lasseter, or Lewis Harold Bell Lasseter as he later referred to himself, was born on 27 September 1880 at Bamganie, Victoria, Australia. Though self-educated, he was literate and well-spoken, and commonly described as eccentric and opinionated. He travelled in both Australia and the United States and worked at a variety of occupations, marrying twice and fathering five children.
Lasseter was made famous by his sensational claim, first asserted in 1929, that, as a young man, he had discovered a fabulously rich gold reef, an entity now known as "Lasseter's Reef", in central Australia.
He perished in the desert near the Western Australia-Northern Territory border in early 1931 after he separated himself from an expedition that was mounted in an effort to rediscover the supposed reef. His body was found and buried in March 1931 by Bob Buck, a central Australian bushman and pastoralist sent to search for Lasseter. It was later re-interred in the Alice Springs cemetery.
However, the book Lasseter Did Not Lie by A. Stapleton (published in Adelaide, 1981) suggests that Lasseter was no more than a con-man, (The book does not state he was a conman it actually supports that he may have been telling the truth, with supporting evidence.)[1] having ripped off his investors in a clever scheme to convince them that such a gold reef existed, only to take their money with him to San Francisco, where he later died in the late 1950s.