When a high-profiled person like Ray Gricar disappears, the topic of some sort of monetary gain of the missing comes up. In fact, when Gricar first disappeared, investigators were puzzled when it came to his financial situation. Tony, nephew of Ray and son of the now deceased Roy Gricar told the press, “He [Ray] was making a fair amount of money; but at least from a forensic accounting standpoint, the thought is there that there should have been more cash. But for somebody from his generation, which [preferred to] deal in cash, what is the appropriate amount that should be sitting in an account” (aolnews)? One of the earliest references to Gricar’s bank account was in “Missed Leads,” where close friend and co-worker, then Assistant District Attorney Steve Sloane said, when told of the relatively low assets, “He [Mr. Gricar] should have had more money than that, I would think. He wasn’t into investing. He wasn’t into 401(k)s or IRAs” (centredaily.com). But there will aways be explanations for his lack of assets. Gricar paid for his daughter’s college and her horseback riding hobby and those could be easily proved through audit receipts. People who knew Gricar well said he used a credit card for most purchases, even routine ones. Neither Tony Gricar nor law enforcement are saying how much more, forensically, Gricar’s assets should be. There probably, just reading between the lines, is enough to finance an initial voluntary departure. But the question that needs to be asked is, “did he have enough finances to start a new life elsewhere?” Another question is, “does the family know something about Gricar’s disappearance that they’re not revealing?” At the second anniversary of Gricar’s disappearance, Tony Gricar said, “Neither one of us [Tony and daughter Lara Gricar] believe he is still alive” (crimeshots.com). Two weeks ago, when the Penn State allegations were released and the possibility that Gricar was paid off to drop the case, Tony changed his tune a little when asked if his uncle was still alive. His response was, “Alive? Hell, I don’t know” (aolnews).
To be honest, I don’t think anyone knows what happened to Gricar, it’s just all speculation. It does seem suspicious that Gricar dropped the case against Jerry Sandusky in 1998. And then in 2005, when Gricar was thinking of re-opening the case, he mysteriously disappears. Maybe he had some information that could kill the reputation of the university. I’m not saying the Penn State boosters axed him, it just sounds very shady. Another possible explanation is that the monetary and political influence of the Penn State Athletic Department Boosters, may have made Gricar “disappear.” If so, it must of been a lot of money to not only keep him quiet, but also for him drop everything he knew, cut all ties with family and friends and take off for some unknown destination.