Dutch Schultz was a notorious mobster who made his fortune during the Prohibition era through bootlegging and other illicit activities. His reputation as a tough guy quickly spread across the country, earning him the title of “Beer Baron of the Bronx” due to his control over beer distribution in certain areas. However, in the early 1930s, the FBI started building a case against him, led by US attorney Thomas Dewey.
Fearing that his wealth would be seized, Schultz reportedly had a customized safe constructed for him that was airproof, soundproof, and weatherproof. He and his bodyguard then allegedly buried the safe somewhere in the Catskills, containing up to $10 million in cash, bonds, and jewelry.
The exact location of the safe remains a mystery, with some researchers believing it to be buried along the banks of Stony Clove Creek in upstate New York. Despite the numerous treasure hunters who have searched for it over the years, the Dutch Schultz treasure has yet to be found, and its existence remains a tantalizing legend.
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Top image: A mobster’s loot. Source: Vadym / Adobe Stock.