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.
New York Mobster Hid Up To $100 Million Treasure in Hudson Valley
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New York Mobster Hid Up To $100 Million Treasure in Hudson Valley
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