If you go down to the main beach and talk to the lone woman there she will tell you about her husband. Go to the other beach on the far right side of your mini-map and you will find her dead husband's ghost. Go all the way back to the main beach and find his treasure. You then need to talk to the woman again.
- GOOD: give her the 500 gold
- EVIL: keep the gold, kill the woman, find the treasure on your own.
Go back to the ghost and talk to him, he will tell you his treasure is buried by the statue in Memorial Garden.
- Beating this quest earns you
- 100 gold (after digging up the treasure)
- 150 renown (after digging up the treasure)