Hedge Fund Founder killed by son over allowance

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Son arrested on murder charge in hedge fund founder shooting

http://www.msn.com/en-us/news/crime/...xnCq?ocid=iehp


NEW YORK — A 30-year-old man shot his hedge fund founder father to death inside his Manhattan apartment after the two argued over the son's allowance, police said Monday.

Thomas Gilbert Jr. was arrested on charges of murder and criminal possession of a weapon in the death of Thomas Gilbert Sr., 70.

He was being held pending arraignment and the law office representing him had no comment.

Police said Gilbert Jr. went to his parents' home on the East Side on Sunday afternoon and asked his mother to go out to get him some food.

About 15 minutes later, she got a "bad feeling" and came back, said Robert Boyce, the chief of detectives for the New York Police Department.

"She found Senior on the floor with a bullet hole in the head," Boyce said.

"She also found a gun resting on his chest with his left hand covering it."

But Boyce said it was a staged suicide — his son was trying to cover up the killing.

Officers with a search warrant went to Gilbert Jr.'s apartment on the West Side, where they found magazines, loose bullets and a shell that matched the gun found at the scene, police said.

Authorities were investigating how he got the gun.

Gilbert Jr. was in debt and had argued with his father over his allowance, police said.


Booking photo for Thomas Gilbert Jr.

[Alyosha]

If you assert to your children that wealth is what matters don't be surprised when they turn out to be little $#@!s like Damien or this $#@!.

[hanger4]

Dang. 30 years old and still gets an allowance.

That's just to long.

[Mac-7]

Dang. 30 years old and still gets an allowance.

That's just to long.

No kidding.

obumer would have cut him off at 26 which is the legal age of adulthood in lib la la land.

[Redrose]

Dang. 30 years old and still gets an allowance.

That's just to long.

Why work, daddy is paying his way. Just wasn't enough, he needed more and more. No allowance in prison.

[donttread]

If you assert to your children that wealth is what matters don't be surprised when they turn out to be little $#@!s like Damien or this $#@!.

Yup, when your 30 year old kills you over his ALLOWANCE you brought it on your self. The tilted table backfires once in a while.

[Bo-4]

Spoled little puke probably hasn't worked a day in his life and probably votes Republican. ;-)

[Jets]

This is why kids need to earn and not be handed money and wealth. They have no sense of financial appreciation or responsibility. This is how not to raise a child.

[Codename Section]

I only got an allowance if I worked like a field hand out back.