William M. Graham (September 8, 1819 Minisink, Orange County, New York – November 13, 1886 Middletown, Orange Co., NY) was an American banker, convicted felon and Democratic politician from New York.
(In total, the cash and securities were worth over nine million dollars in current money.)
Horton fled to Europe, but Graham was convicted of fraud and embezzlement, and sentenced to ten years imprisonment at hard labor.
He served about four years in Clinton State Prison and was pardoned by President Rutherford B. Hayes in 1877.
In the spring of 1886, Graham attempted a political comeback when he was the Democratic candidate for Justice of the Peace, losing by a narrow margin.