But, when the two men were gunned down in 1935 in Newark, N.J., no one else had been told where the money was hidden. So he and his bodyguard stashed a specially-made safe, filled with $7 million in cash and bonds, somewhere in New York. 'The houses on Saratoga Lake were top-notch night clubs out front, full-blown casinos out back,' run by gangsters.Īfter years in the game, with the feds on his trail, Schultz knew it was likely he'd be arrested. The horses ran in the afternoon, betting parlors abounded and Saratoga's lake houses rollicked at night,' the Associated Press reported in 1992.

'Saratoga in 1920s and 1930s was a gambler's paradise. (Diamond was shot dead in Albany but his murder was never solved.)Īnd while Schultz lived in New York City, like most gangsters in the 1930s, he came to Saratoga Springs each summer to let loose. He was a major rival of Legs Diamond, another gangster who met a bloody end.

Schultz made most of his money in bootlegging and illegal gambling. The shoot was first reported by The Post-Star. The Keefer brothers arrived in Stony Creek this April, armed with Schultz's cryptic final words, a series of newspaper articles and the research of author Ross Getman to guide their search - zeroing in on the land around the Lodge. 'All of the clues left by Dutch led them here,' said Denise Martin, co-owner of The Lodge at Harrisburg Lake. 10, will take them to Warren County in pursuit of Dutch Schultz's hidden fortune. 6 and so far the brothers have traveled to Virginia to search for a missing Confederate treasury, Alaska to look for the plane of two vanished politicians and Ecuador to pursue a lost civilization of giants. Survivalists Chris and Casey Keefer are the hosts of a new Travel Channel show, 'Code of the Wild,' in which the men travel to remote locations around the world to solve some of history's greatest mysteries and legends.

The Treasure Hunters by Warren Dean