Dutch Schultz Treasure

Dutch Schultz is one of the most famous mobsters in American history. He was a prohibition era gangster who ran in the same circles as guys like Lucky Luciano and Meyer Lansky. He was said to have amassed a massive fortune from his wicked deeds. His fortune vanished without a trace after he began to feel the heat of federal prosecution. It is believed that he decided to hide away his treasure somewhere in the Catskill Mountain range. When Schultz was gunned down in 1935, the location of his vast fortune died with him.

There are different opinions about what happened to his treasure, or even how much there actually was. Most estimates put his fortune anywhere between five to ten million dollars, which he stashed away in an iron box somewhere in the heavily forested area of Phoenicia, New York. Some believe his treasure was hidden close to Esopus Creek, which could explain why it has never been found. Over the decades since Schultz hid away his fortune, the area has had numerous floods, which in all likelihood would have washed away the treasure. Still, it's interesting to think that a leisurely hike through that area of the Catskills could make you a millionaire.