Wreckage Spotted Near Fossett Papers

An aerial spotter has located what appears to be plane wreckage close to the place where a hiker found ID cards belonging to missing billionaire Steve Fossett, reports the San Francisco Chronicle. A team has been dispatched to do a ground search of the mountainous area in eastern California close to the Nevada border. Fossett's plane vanished shortly after takeoff near Reno a year ago.

"We hope to know whether it is really plane wreckage, and if it is Fossett's or someone else's," said the local sheriff. A man hiking with his dog in the Inyo National Forest earlier this week found identification cards, including a pilot's license, issued to Fossett. (More California stories.)