18 Facts About David Graiver

David Graiver was an Argentine businessman and banker who was investigated in the 1970s for alleged money laundering of US$17 million for the Montoneros, a leftist guerrilla group.

David Graiver was born in Buenos Aires to Eva Gitnacht and Juan David Graiver, Polish Jewish immigrants who had come to Argentina in 1931.

David Graiver enrolled at the University of La Plata Law School.

David Graiver did not finish the program but, with his family's support, purchased the Banco Comercial de La Plata in 1967.

David Graiver married Susana Rottemberg, and the couple had a daughter, Maria Sol, in 1974; they were separated shortly afterward.

David Graiver next married Lidia Papaleo, the daughter of a prominent Greek Argentine family.

David Graiver established the Fundar and Construir real estate development firms.

David Graiver entered public service when appointed as Undersecretary of Social Welfare for Minister Francisco Manrique during the presidency of General Alejandro Lanusse.

David Graiver served as policy advisor to Economy Minister Jose Ber Gelbard following elections in 1973 that returned the Justicialist Party to power.

David Graiver was later reported to have secretly become the investment banker for the Montoneros leftist guerrilla group.

David Graiver reportedly laundered US$17 million in funds that the Montoneros had received from illicit activities, principally ransoms paid for release of persons they had kidnapped.

David Graiver made investments on their behalf in a variety of interests in Argentina and other countries, including the United States.

David Graiver rented an office in the Olympic Tower and administered his diverse interests from there.

David Graiver maintained a second home in Acapulco, Mexico, reportedly for tax evasion.

David Graiver was reported to have died on August 7,1976, in a plane crash nearby.

Manhattan district attorney Robert Morgenthau was skeptical that David Graiver had died in the crash.

New York State Supreme Court Judge Arnold Fraiman ruled on January 15,1979, that David Graiver was officially dead, although the judge expressed some reservations.

David Graiver said that she had been tortured in police custody in 1977 and was urged to forfeit any further payment, as well as her remaining shares in La Opinion.