The Alaskans S01 E02 Cheating Cheaters

"Their game was Klondike gold -but others could do the digging"

Skagway saloon owner Nifty Cronin agrees to ship gold dust to the States for Silky Harris, Reno McKee and a number of other miners. En route the boat mysteriously sinks. When Silky threatens to investigate, Cronin admits that the gold was never placed on board.