BEIJING, Jan. 6 (Xinhuanet) – American hedge fund founder Thomas Gilbert Sr. was found shot dead in his apartment in Manhattan, New York, according to media reports on Tuesday.
Police took his son Tommy Gilbert, 30, into custody on Sunday after his wife found his body about 16:30 Sunday. He had been shot in the head.
The death of Thomas Gilbert Sr., who started a biotech hedge fund, was "staged" to look like a suicide, police said.
"The gun was resting on his chest with his left hand covering it," NYPD Chief of Investigations Robert Boyce said at a press conference.
His son Tommy Gilbert was charged with homicide and criminal possession of a weapon, police said.
Public records show that Tommy Gilbert was arrested in Southampton in September 2014 for second degree criminal contempt for allegedly violating an order of protection. He was also arrested in May 2007 on drug charges.
The 70-year-old Thomas Gilbert Sr. was listed as the founder of Wainscott Capital Partners, a hedge fund that focused its assets on healthcare and biotech investing.
(Agencies)
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