Fate Of Gangster's 150 Million Dollar Treasure Still Has Experts Baffled

Dutch Schultz: now there's a name that gets your attention. Before the 1920s mobster was running around New York City under a name that might've been better suited to a pulp-novel private eye, he was a grade-school dropout by the birth name of Arthur Flegenheimer. The change in moniker was hardly the most interesting part about Schultz's rise to notoriety, though. He was racking up a hefty rap sheet, and leaving behind a wake of legendary stories, well before a jaw-dropping mystery unfolded around his nine-digit fortune...

Tough Luck

It was written in the stars that Schultz was always meant for a rough career. He'd had it hard from the beginning; he didn't have a good father figure. His pops, Herman Flegenheimer, abandoned their immigrant family in 1910, and Schultz, who was still going by Arthur, was traumatized.

Child Labor

He dropped out of school in eighth grade with the best of intentions: to help put food on the table for himself, his mother, and his younger sister Helen. But although he worked odd jobs for a trucking company, a paper company, and American Express, he couldn't shake his father's betrayal.

Headed Down The Wrong Road

Schultz worked to help his mom until he was eighteen, but he'd remain in denial about his dad jumping ship for the rest of his life. The lack of a good family structure was taking its toll in plenty of ways, as Schultz had been introduced to a new, thrilling hobby.

A Quick Buck

Now that he was eighteen, Schultz could work in nightclubs, and he began to steal from craps games at his new job. The rush from getting away with a bad deed, plus the extra money in his pocket, was like a drug to him. He was hooked, and from there, there was no stopping him.