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Jul 21, 2021 · The Albany newspaper says mobster Dutch Schultz, whose real name was Arthur Flegenheimer, allegedly stashed money, gold, jewelry and bonds in a steel box, waterproof safe or a suitcase buried...
- Who Was Dutch Schultz?
- Early Life
- Bootlegging Empire
- Multiple Indictments
- Violent Death
- Dutch Schultz's Last Words
- Treasure
Infamous gangster Dutch Schultz first turned to burglary after his father left his family and later began bootlegging. Soon he expanded into illegal gambling, clashing with rival gangsters Legs Diamond and Vincent Coll. In the 1930s he was targeted by both the IRS and special prosecutor Thomas E. Dewey. Schultz was killed by members of the notoriou...
Dutch Schultz was born Arthur Flegenheimer on August 6, 1902, in the Bronx section of New York City. During his relatively brief life, Schultz became a powerful figure in the New York crime world, earning the nicknames "Beer Baron of the Bronx" and "The Dutchman." The son of Jewish immigrants from Germany, he grew up in the slums of the Bronx. His ...
In the 1920s, Schultz became involved in bootlegging during the Prohibition and became associated with the likes of gangsters Lucky Luciano and Legs Diamond. Schultz eventually bought a partnership in an illegal saloon. Ruthless and determined, Schultz formed a gang with friend and fellow criminal Joey Noe, and they built an illegal business sellin...
Around this time, Schultz continued to grow his illicit enterprises, adding illegal gambling to his portfolio of profitable crimes. His gang operated slot machines and ran a policy racket, which was like a type of lottery. But Schultz was increasingly attracting the attention of the authorities and was indicted on a tax charge in 1933. He spent mon...
On the night of October 23, 1935, Schultz and four of his associates were shot at a restaurant in Newark, New Jersey. A brutal man believed to have been responsible for the deaths of many others at his hand or by his order — Schultz died the next day. Shortly before his death, he gave a rambling statement to the authorities, but he never named his ...
As he lay dying from bullet wounds on a hospital bed, Schultz uttered strange thoughts that were incomprehensible to the police who were hoping to get information from him. Some of Schultz's last words were: - “A boy has never wept…nor dashed a thousand kin.” - “You can play jacks, and girls do that with a soft ball and do tricks with it.” - “Oh, O...
Afraid of being sent to jail by Prosecutor Dewey, Schultz had a special safe constructed and used it to hide cash and bonds worth $7 million. He and his bodyguard hid the safe in a secret location in upstate New York, but when the two were murdered, they took to the grave the knowledge of where the treasure was. To this day, it's never been recover...
Oct 4, 2021 · While on his deathbed, Schultz mused about a multimillion-dollar treasure, which would have matured to be between $50 million and $100 million in today's money, should it prove to be real. Many believe it is real, and that it is buried somewhere in the tiny, majestic town of Phoenicia, New York.
- Cynthia Griffith
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On November 18, 2020, a PBS Secrets of the Dead episode entitled "Gangster's Gold" premiered which detailed the investigation and the hunt for Schultz's lost treasure. In July 2022, an episode of Expedition Unknown, titled "The Bootlegger's Millions", focused on Schultz and his treasure. See also. Biography portal
- 1918–1935
- Peritonitis from a gunshot wound
5 days ago · A notorious gangster has been keeping treasure hunters busy for decades. By Jake Rossen | May 16, 2024. Dutch Schultz circa 1932. / brandstaetter images/GettyImages. Read More. Dutch...
Nov 19, 2020 · Prohibition-era gangster may have buried $150 million in treasure. News. By Mindy Weisberger. published 19 November 2020. His death sparked rumors of a buried box filled with diamonds, gold coins...
Nov 15, 2021 · One secret took the form of a steel strongbox. It contained riches worth an estimated $150 million, or $7 million in those days. Schultz reportedly wanted to bury his ill-gotten gains in a place no one would ever find it. To this day, his wishes have been granted.
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