To: Baldur Fjvlnisson who wrote (1851 ) 2/6/2001 9:49:04 PM From: Rolla Coasta Read Replies (1) | Respond to of 74559 February 6, 2001, 2:15 PM PST Investment Banker Killed in Argentina An executive at London-based VC firm Antfactory and his wife were found shot to death at an exclusive resort. Local reports link the deaths to a failure to pay bribes. By Daniel Helft Citigroup Inc. (C) BUENOS AIRES – A high-ranking investment banker at the Latin American operations of London-based venture capital firm Antfactory and his wife were found dead at an exclusive Argentinean beach resort on Monday in what appeared to be an execution-style shooting. The bodies of Mariano Losanovsky Perel, 56, and his wife Rosa Berta, 49, each with bullet wounds to the neck, were found in a cabin in Carilo, a beach resort on the Atlantic shore of Buenos Aires province, police said. Losanovsky Perel headed financial services initiatives at Antfactory Latin America, which funds new-media and Internet startups. The killer or killers apparently left a message on Losanovsky Perel's laptop computer linking the deaths to Antfactory Latin America's relationship with Citigroup (C) and its failure to pay bribes in Argentina, according to the La Nacion newspaper. The message read: "I am a gringo who collaborates with Citibank, dead for not paying Citigroup's bribes." Antfactory Latin America is a 50-50 joint venture between Antfactory and Citicorp Venture Capital, a division of New York-based Citigroup. Citigroup officials declined to comment on the record but said Losanovsky Perel had never worked for the U.S. banking giant. "We are obviously shocked at this tragic event," said Geoff Crossley, CEO of Antfactory Latin America. "We are very sad, and we extend our prayers to the families." The killer or killers used guns with silencers and did a "very professional" job, according to local police cited in La Nacion. No one at the resort, which is usually swamped with vacationers in February, heard anything, the paper said. Losanovsky Perel, who joined Antfactory Latin America four months ago, had a long career in consulting and banking prior to joining the company. Police and local newspapers have speculated that the motive might not necessarily be tied to Losanovsky Perel's current job. "Right now, all possibilities for this crime are wide open," a source told the Clarin daily newspaper. Last July, Antfactory announced the launch of its Latin American operations and was planning to invest $100 million in Latin America's fast-growing Internet industry. Bernhard Warner and Rick Wray in London contributed to this storythestandard.net