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His real name was Arthur Flegenheimer, but as he slowly became one of New York City s most feared mobsters, he changed his name to Dutch Shultz, according to history.com.
According to the website syracuse.com, Schultz allegedly stashed money, gold, jewelry, and bonds in a steel box, waterproof safe, or a suitcase buried somewhere in the Catskills region in the 1930s. His fortune was estimated at between $5 million and $9 million at the time; today, it would be worth between $50 million and $100 million.
During prohibition in the late 1920s and early 1930s, Schultz was a renowned bootlegger bringing liquor from Canada to New York City. In 1991, Dustin Hoffman played the part of Schultz in the film titled Billy Bathgate.
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