He was called the beer baron of the Bronx but Arthur Flegenheimer's greatest claim to fame was organizing Harlem's policy racket (what today is known as the daily lottery) and turning it into a $20 million a year industry.
When not forming new rackets, the Dutchman kept the newspaper reading public entertained with his gangland escapades like the speakeasy brawl that sent rival gangster "Chink" Sherman to the hospital and his war with Vincent Coll that kept the cities morticians busy during the summer of 1931. With Al Capone and Waxy Gordon put away the law set it's sights on Arthur Flegenheimer but he was able to get a hung jury. This was followed by a retrial that ended in acquittal. Not ready to give up Thomas Dewey began to build a case against him. Mob lore dictates that Schultz went to New York City's criminal elite and made the case for assassinating Dewey. His colleagues in crime voted against him and he vowed to do it himself. Not wanting to face the heat that was sure to come their way if Dewey was rubbed out, the criminal elite decided that the Dutchman had to go. On the night of October 23, 1935 two Murder Inc. gunmen
surprised Schultz and his three comrades in the back of the Newark, New Jersey tavern that doubled as their headquarters. Schultz was rushed to the hospital with a bullet in his side and died the next day.