Light Snow 28°
Tag:

Bootlegging

News
Treasure Believed To Be Buried In Region By Mobster Could Be Worth $100M Treasure Believed To Be Buried In Region By Mobster Could Be Worth $100M
Treasure Believed To Be Buried In Region By Mobster Could Be Worth $100M A legendary treasure that was believed to be buried by a mobster in the 1930s in upstate New York could be worth tens of millions of dollars. The Albany Times Union reported that Dutch Schultz, whose real name was Arthur Flegenheimer, was a well-known bootlegger and racketeer in the Hudson Valley and Catskills area. After Schultz was shot in Newark, New Jersey in 1935, he said odd phrases on his deathbed that many believed were coded references to the town of Phoenicia in the Catskills, the Times Union said. Schultz is believed to have hidden a combination of paper money, gold co…

SHARE

by Nicole Valinote