May 10

Hot On Al Capone’s Treasure Trail


Chicago is one of the places in America I really love to visit. Sure, the crime is terrible, the weather can’t hold a candle to our beautiful weather here in L.A., and its politicians are as crooked as a 2×4 from Home Depot.

But the history of the city is amazing. Every time I visit, I make sure to take a historical tour. For example, take Al Capone’s favorite places. The speakeasies he made millions upon millions through during prohibition, the restaurants he frequented, and some of the macabre locations where his heavy-handed “justice” was dolled out – so much history and so many stories!

Here in California, we do have Alcatraz where he spent 4 1/2 years of his 7 1/2 year sentence.

When Capone was finally released from Alcatraz, he had the mental capacity of a 12 year old because of paresis derived from a disease he had which could have been cured if he wasn’t deathly afraid of needles.

Because of his mental state, he was unable to tell anyone where the hundreds of millions he hid around Chicago was!

Some people say that his deteriorated state of mind was actually caused by how the government treated him, but that’s a whole other discussion.

Well, being the probate aficionado that I am, I have tried to track his inheritance through the court system during my visits.

Capone’s case reminds me of a property that I was working on where a couple of brothers inherited a beautiful property. Unfortunately, they were both drug addicts hooked on meth. And their memories were about as good as Capone’s was at the end of his years. They told me multiple times they had valuable treasures stashed away on the sprawling multi-acre property, but just couldn’t remember where they hid them.

Well, one day, during the rehabbing of the house, I came across a safe box that was buried under one of the bathroom floors. I’ll tell you that what I found was incredible, but that’s a story for another day.

But these stories of what is lost and found during probate acquisition are really incredible and should be shared – at least within our tight circle. I told you before about the 30k that was stashed away in a different probate house I had acquired.

What an amazing business to be a part of!

To your success,
Ernie “Probate Gangster” Vargas | The Probate Fox


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