Notorious gangster Al Capone moved to Chicago in 1919 where he built a career in gambling, alcohol, and prostitution rackets, eventually becoming Chicago’s go-to guy in the world of crime. He oversaw his various enterprises from a suite at the Lexington Hotel until his arrest in 1931. He died in 1947.
The Lexington Hotel outlasted Capone by a good many years. In the 1980s, a construction company undertook a renovation of the historic hotel. While surveying the building, the company made some unusual discoveries, including a shooting range and an elaborate series of hidden tunnels connecting to taverns and brothels and providing escape routes should the Chicago police get frisky and raid Capone’s headquarters. Most intriguing of all was a secret vault beneath the hotel, where rumor had it, Capone hid vast sums of his ill-gotten gains.
These discoveries were just too tempting for “investigative reporter” Geraldo Rivera to let pass by. So on April 21, 1986, Geraldo planned to open the vault on live TV in a much ballyhooed special, The Mystery of Al Capone’s Vaults. What would the two-hour media event reveal? Piles of plunder? Bodies of Capone competitors? Jimmy Hoffa? Judge Crater? Among those who stood by Geraldo as the whole world watched were a medical examiner and agents of the Internal Revenue Service, lending the entire undertaking an aura of grim importance.
The vault was opened, and there . . . ? A lot of dirt and a couple of empty bottles. Geraldo did his best to snatch something out of the rubble, suggesting to 30 million disappointed viewers that the bottles were exciting because they had been used for bathtub gin during Prohibition. A nice try, but he summed up the evening by saying: “Seems like we struck out.”