Thomas Gilbert Jr., who was convicted of killing his father after the older man cut back his weekly allowance, was sentenced to 30 years to life in prison.
Thomas Gilbert Sr., a founding managing partner of the hedge fund Wainscott Capital, was found dead in his apartment in January 2015 with a gunshot wound to the head.Gilbert's attorneys did not dispute that he killed his father but said he was not guilty by reason of insanity. Jurors in June dismissed the insanity defense and convicted him of second-degree murder. They also found him guilty on two counts of criminal possession of a weapon in the second degree.
"We will appeal, but cannot appeal until after he is sentenced," defense attorney Arnold Levine told CNN at the time. Manhattan District Attorney Cyrus R. Vance Jr. had said that the elder Gilbert was killed"in spite of all his love and generosity."In a new statement Friday, the prosecutor said:"While nothing can undo the tragedy of Mr. Gilbert's death, I hope that the resolution of this case helps his loved ones as they continue to heal from this devastating loss.
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