Dutch Schultz survived two tax evasion court trials in 1935, only to be “shot up” by rival gang members
just after the end of the second trial in October 1935 along with his bodyguard Lulu Rosenkrantz.
After acquittal for tax evasion charges in 1932, the federal government pursued further charges in 1933,
Schulze allegedly became concerned (with the conviction of Al Capone) to the degree that he pooled
together monetary assets, had a strong box forged, and along with Lulu Rosenkrantz allegedly buried
this in the area of the Catskill mountains, this area familiar to Schultz.
Allegedly is the subject of scrutiny and is the issue to be corroborated, as mobsters do not leave a paper
trail. It was also alleged that Lulu Rosenkrantz made a small map sometime after the burial, and out of
concern, passed a copy to Marty Krompier, a key lieutenant for Schultz, for safekeeping. After acquittal
in early August 1935 of tax evasion charges, Schultz made it clear his intentions regarding killing Thomas
Dewey to the heads of local mobsters, who made it clear their disapproval of the action. He was again
was jailed in late September for about a month. Released on October 23 1935, he was gunned down by
assigned mob henchmen at the Chophouse along with Rosenkrantz and two others. A day after attack
the attack on Schultz and Rosenkrantz, Krompier was gunned down in a barbershop in New York,
allegedly by Jake “Gurrah” Shapiro, for several apparent reasons and to retrieve the map. It has
reported that Krompier may have leaked the information previously, having had possession of the map
for several years.
Shapiro and the other mobsters involved reportedly could not interpret the map, and after some time,
destroyed the map, thus the strongbox could not be located and retrieved since.
The “huge sum” of money was first reported while Dixie Davis was in jail in 1938 by Dewey. His later
series of articles for Colliers’s Magazine in 1939 were titled Things I Couldn’t Tell Until Now, a means to
gain $20,000 to live on after his release that year. In one of the series, Davis related his personal
knowledge of the strongbox and his eyewitness account of the contents.(See Appendix) In 1949,
newspapers published content and comments from Dixie Davis, the article noting the “buried fortune”
of Schultz and that not a penny of the millions had been recovered by federal agencies. Davis confirmed
he had no knowledge of the whereabouts of the fortune. The FBI issued an internal advisory MEMO on
the subject. (See Appendix)
Newspapers prior to 1970 had little or no reporting of the matter, the first major publication was
included in a book by Emile C. Schurmacher in 1968, a well known national correspondent and author,
who also served as an overseas correspondent prior to 1940. His book of “treasure tales” included
several oft told tales, but also included the case his version of the Dutch Schultz Cache.
Dutch Schultz Cache
The situation presented by Schurmacher in regards to the details of Schultz’s operation, the mention of
Davis involvement in witnessing the “loading of the strongbox” in Bridgeport Connecticut in 1933, of the
travel route and “burial location details” is both unique and puzzling in terms of his source. The burial
location provided by Schurmacher in 1968 have now been rationalized to a finite location utilizing
various techniques and methods which include 1943 aerial photography, 1900-1943 topographic maps,
scaled photograph alignment to modern day aerials, casing of land ownership history, localized history,
and through a painful search for same era photographs in the locale.
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