Where is the Dutchman’s Secret Treasure?

Dutch Schultz (born Arthur Flegenheimer) was a feared Jewish American Gangster in the nineteen twenties and thirties. It is speculated that the bootlegger and narcotics dealer had well over a hundred people killed, some of which he did himself. He would be shot on October 23, 1935 by two assassins from a rival criminal group. Schultz would die the next day but besides the mystery as to who killed him, there is an even more pressing one. What became of an alleged buried treasure of money and gold that was secretly buried by Schultz and his bodyguard “Lulu” Rosencrantz,. The treasure is rumored to have been buried in upstate New York in the town of Phoenecia Supposedly, Schultz even left a Large X inscribed on a tree near where the treasure is .

Rumors abound that the treasure is not in that town or that it may have been found. This Unsolved Mysteries page has more information about the case as well as some interesting comments. https://unsolved.com/gallery/dutch-schultz-treasure/

A Sunken Treasure in the Big Apple Still Remains Elusive

According to an article in the NewYorker magazine about the East River in NEw York, there is a likely possibility of a treasure that sunk to the bottom of the river in 1903. The incident happened when a barge named the “Harold” in the Arthur Kill section located between Staten Island and New Jersey—capsized, spilling its cargo of silver ingots. It supposedly carried 7,678 bars; it was estimated that about 6,000 were recovered soon after. That means there are around 1,400 bars still at the bottom of the river and they could be worth a total of over 30 million dollars.  The bars belong to the Guggenheim family and the missing loot has been referred to the “Guggenheim Treasure”. IT is not known if any bars have been recovered the last several decades, if they have it’s quite possible the treasure hunters are not letting anyone know.

Sources: https://nymag.com/news/features/56609/ https://www.smithsonianmag.com/history/the-search-for-the-guggenheim-treasure-8712138/