Another version is that the crew of the '' Caleuche '' makes magical pacts with certain traders ensuring them prosperity in exchange for favors such as using their houses for parties or other illegal or dark purposes . Because of this version of the legend when a person in Chiloé gets rich quickly , it is often attributed to his having made a pact with the crew of the '' Caleuche '' . Rumors like these were rampant following the 1960 Valdivia earthquake because some houses were untouched by the fires that swept through Chiloé afterwards . In that same decade there were stories that the sounds of a ship dropping anchor could be heard around the houses of many prosperous merchants in the Chiloé archipelago . These were supposedly the sounds of the '' Caleuche '' stealthily delivering goods and treasures to those with whom it had a pact . However , most people rejected this supernatural explanation and instead blamed the merchant 's prosperity on mortal , rather than supernatural , smugglers
1960 Valdivia earthquake
1960 Valdivia earthquake
Caleuche