Another Dead Banker! Melissa Millan, MassMutual senior VP

We seriously are overwhelmed with the stupendous number of sudden executive deaths in the financial sector. Add to that, the relative low key reporting and lack of criminal investigation notices in what could be mass murders rather than a anomalous trend of suicides with a profit motive documented in the financial industry, and we sigh with surprise that finally a public media report states the criminal investigation of a possible banker homicide is underway.
The popular phrase “Banksters” in control is well earned in the face of lack of public criminal investigation disclosures.
Now the question is will we ever know who killed the Senior Vice President of MassMutual… ~Ron
1financial terrorism

MassMutual Senior Vice President Found Dead, Stabbed In Chest In Apparent Homicide

A week after stunned Tribeca woke up to news of a grizzly death in which a Citigroup managing director living on Greenwich Street was found dead in his bathtub with a slashed throat and the lack of a suicide weapon on the scene suggesting there was foul play involved, another banking executive was killed over the weekend, when 54-year-old Melissa [Millan], a senior vice president at MassMutual, was found lying in a road in Simsbury, Connecticut, having been stabbed in the chest.

As CBS reports, initially there was speculation [Millan] may have been in a bicycle accident, or may have been the victim of a hit-and-run.  However on Saturday, the office of the Chief State Medical examiner said the cause of her death was a stab wound to the chest, and the manner was homicide.

According to WCVB, Millan, a mother of two, was a senior vice president at MassMutual in Springfield. A spokesman for the company said she was a tremendous leader and deeply caring and that she would be missed.

Passing motorists found Millan lying on the ground Thursday at 8:04 p.m., according to Simsbury police.

Police said she could have been out jogging but that they did not yet know what happened and are investigating. Millan was taken to St. Francis Hospital where she died, according to police.

Police announced Saturday they were investigating the incident as a homicide.

As Breaking911 further adds, MassMutual was shocked by the news, with a company spokesperson saying that “Melissa’s tremendous leadership qualities, business acumen and deeply caring nature will be missed by those who had the opportunity to work with her.”

Friends, who gathered to pay their respects, said Millan was a dedicated athlete and an incredible mother.

“Devastated…shocked and angry. That a woman, such a woman’s life, could have been ended so senselessly and so cruelly,” said friend Lynne Tapper.

According to MassLive, people using the popular bike path that runs through the town said they were shocked to hear someone as stabbed to death along the trail which they consider safe.

The path is connected to a series of linked bikeways that start in Westfield and head south, running though most of Connecticut. It is popular with Western Massachusetts residents.

Sunday several people stopped at the memorial to mourn the death of the woman who was known as a triathlete as well as a parent and a skilled professional. They declined to talk to the media. A vigil was held earlier on Sunday in Farmington sponsored by Team Training New England.

The organization’s website called Millan an “an extraordinary human being” and set up a memorial page for her.

“Melissa has been a pillar of the TTNE community since she first trained with us in 2006. Regardless of her formidable responsibilities at home and at work, she made every effort to mentor ‘newbie’ triathletes and provide moral and other support to her team members year in and year out, without fail!” the website said.

People who use the path said it is well-lit and there are always people walking or driving by.

“I was very surprised,” said Donna Morris, of Simsbury, who was walking her four-month-old mixed breed dog at dusk Sunday. “I walk here sometimes and I haven’t had a problem.”

The path runs along Iron Horse Boulevard, a divided roadway with plenty of traffic. The memorial was set up less than 20 feet from a popular playground which was filled with children and their parents Sunday afternoon. Behind the playground is a dog park that is also popular. Across the street from the playground is a group of shops.

“It looks like someone would have seen something,” Morris said. Tonia Kagan, of West Hartford, reacted with shock when she learned the bouquets had been placed there to remember Millan.

“I love this path,” she said. “My husband is in the dog park now. It is a lovely place.” She likened Simsbury to West Hartford, saying it is usually peaceful and violence is rare.

“I use this path a lot and I’m shocked and surprised…I always feel very safe,” said Lucinda, who declined to give her last name.

Was this another targeted murder in an otherwise sleepy neighborhood, and if so, what was the motivation to take out a mother of two and active member of the local community? The police investigation is ongoing.


Driver found Millan on Iron Hoarse Boulevard just after eight o’clock Thursday night 20 Nov 2014
By Bob Wilson- News 8 Reporter Published: November 21, 2014, 6:04 am Updated: November 22, 2014, 3:53 pm

[source report includes image] The bike path along Iron House Boulevard (WTNH / Noelle Gardner)The bike path along Iron House Boulevard (WTNH / Noelle Gardner)

SIMSBURY, Conn. (WTNH)– Friday night, Simsbury police still have a mysterious death from Thursday on their hands. A bouquet of flowers is tied to a guard rail for Melissa Millan.

A driver found Millan on Iron Hoarse Boulevard just after eight o’clock Thursday night. Police believe she had been running, but they don’t know what happened. Witness Sam Godard was delivering pizzas on the road last night and couldn’t believe what he saw.

“I was really just curious as to what happened,” said Godard. “One of the drivers said there might have been an accident and that they were trying to do CPR on someone.”

Because of the trauma she suffered, police believe she was hit by something but for now they are still investigating. Captain Bolter of the Simsbury Police Departmet says they are not calling it a hit-and-run, not calling it anything, until the autopsy results are in.

“We are not sure what happened and are looking at all the possibilities,” said Captain Bolter. “There was no bicycle. It still could be related to a motor vehicle accident or it could be something else.”

Melissa Millan was a Senior Vice President at MassMutual. Friday afternoon, they released a statement regarding her death.

“MassMutual is deeply saddened by the passing of our friend and colleague, Melissa Millan, Senior Vice President,” reads the statement. “Our thoughts and prayers are with Melissa’s family during this extremely difficult time. Melissa’s tremendous leadership qualities, business acumen and deeply caring nature will be missed by those who had the opportunity to work with her.”

Former police commissioner Scott Davis says he still can’t believe something like that would happen in such a quiet part of town.

“I have lived in this town for 35 years and have run and rode my bike on this road,” said Davis. “I’m amazed. How did it happen?”

Police say they are not expecting the results of the autopsy until Monday at the earliest.
If you have any information that could help officers in their investigation, you’re asked to call Simsbury police at 860-658-3125.



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5 comments on “Another Dead Banker! Melissa Millan, MassMutual senior VP
  1. RonMamita says:

    Another Banker Killed – All Just A Coincidence?

    Posted 24 Nov 2014


  2. RonMamita says:

    A Citigroup Banker Dies – Along With Responsible Press Reporting

    By Pam Martens and Russ Martens: November 20, 2014

    Shawn D. Miller

    Depending on where and when you got your news yesterday on the tragic death of Shawn D. Miller, a Managing Director of Wall Street mega bank, Citigroup, you were either emphatically told he died of a suicide or you were led to believe he was murdered. By late evening yesterday, the story had disintegrated into wild speculation. The New York Daily News ran this stunning headline, based on anonymous sources, at 9:22 p.m.: “Banker, 42, slashed his own throat in Manhattan bathtub during drug- and booze-filled bender: sources.”

    It is becoming abundantly clear that if you work for a major Wall Street firm and die a sudden death, it will be shaped, molded, twisted and contorted until it fits with the suicide narrative – no matter how strongly the facts argue otherwise.

    Building Where Shawn D. Miller Died in the Financial District of Manhattan

    This is what we can reliably report this morning: Police were called to the scene at 120 Greenwich Street at 3:11 p.m. on Tuesday, November 18, a trendy, upscale area of Tribeca in Lower Manhattan. A friend of Miller’s had become concerned when he could not reach him by phone and called the doorman of the building to ask him to check on him. The doorman found Miller in the tub of his bathroom with knife lacerations to the throat and arms and called the police. EMS responders declared Miller dead at the scene.

    All of this occurred on Tuesday afternoon, giving the New York Post plenty of time to check and double check their facts with the New York Police Department. In an on line post at the New York Post web site at 6:30 a.m. yesterday – Wednesday, the day after the death – the New York Post ran the following bold headline: “Banker found dead with throat slit in apparent suicide: cops.” That article reported that the police believed it was a suicide because “a knife was found under his body, sources said.”

    But at 3:14 p.m. yesterday, the international wire service, Reuters, reported that “no weapon was found.”

    At 4:05 p.m. yesterday, the New York Post ran a new headline: “Hunt on for man last seen with dead Citigroup exec.” This article states that “Police have not yet found the weapon used to cut Miller’s throat,” confirming what was reported by Reuters less than an hour earlier.

    But then came the outrageous headline at the New York Daily News at 9:22 p.m. last evening, based on unnamed sources, suggesting that Miller had gone on a drug- and booze-filled bender and killed himself. The newspaper reported: “When crime scene investigators moved Miller’s body, they discovered a knife under him, leading them to believe he slashed his own throat and collapsed into the tub on top of the weapon, sources said.”

    The wild and contradictory reporting instantly reminded us of how the London dailies had reported on the tragic death of JPMorgan Vice President, Gabriel Magee, in January of this year. Magee’s body was found in a pool of blood on a ninth floor landing of JPMorgan’s European headquarters building in London.

    The London Evening Standard tweeted: “Bankers watch JP Morgan IT exec fall to his death from roof of London HQ,” which linked to their article declaring that “A man plunged to his death from a Canary Wharf tower in front of thousands of horrified commuters today.”

    The London Evening Standard’s reporting was flatly contradicted by the Sunday Times, which reported that “Gabriel Magee’s body lay for several hours before it was found at 8am last Tuesday.”

    No single witness was ever identified by the police to say they had observed Magee plunging from the top of the building. The ninth floor landing was accessible from an inside stairway of the building, meaning his body could have arrived there through means other than a fall.

    Both Citigroup and JPMorgan have paid billions of dollars to settle fraud charges by regulators. Both are also under investigation by the U.S. Justice Department. In addition, both banks hold life insurance on many of their employees. When an employee dies, the death benefit is paid to the corporation tax free.

    The practice is called Bank-Owned Life Insurance (BOLI). Just four of Wall Street’s largest banks (JPMorgan, Bank of America, Wells Fargo and Citigroup) hold a total of $68.1 billion in Bank-Owned Life Insurance assets according to their regulatory filings. According to Michael Myers, an expert on BOLI, those assets could potentially mean that just these four banks are holding $681 billion in face amount of life insurance on their workers, or possibly even more.

    Shawn D. Miller Headline at the New York Daily News

    See Related Articles:

    Profiteering on Banker Deaths: Regulator Says Public Has No Right to Details

    Banking Deaths: Why JPMorgan Stands Out

    Three New JPMorgan IT Deaths Include Alleged Murder-Suicide

    Suspicious Deaths of Bankers Are Now Classified as “Trade Secrets” by Federal Regulator

    JPMorgan Vice President’s Death in London Shines a Light on the Bank’s Close Ties to the CIA

    Suspicious Death of JPMorgan Vice President, Gabriel Magee, Under Investigation in London

    As Bank Deaths Continue to Shock, Documents Reveal JPMorgan Has Been Patenting Death Derivatives



  3. Paul says:

    She was a life insurance exec in the insurance sector not a banker. She was brutally murdered. Have some class


  4. RonMamita says:

    70-Year-Old Hedge Fund Founder Shot Dead By His Son
    04 Jan 2015

    We thought yesterday’s absurd story of former hedge fund manager James Crombie, founder of Paron Capital Management, who was arrested after found squatting in a million dollar Maryland house, would be as strange as it gets for hedge fund news this weekend. We were wrong: moments ago the WSJ reported that Thomas Gilbert, founder of the $200 million Wainscott hedge fund, whose success Gilbert said previously had come from investing in biotech funds, was found dead with a single bullet to the head in his Manhattan apartment this afternoon, allegedly shot by none other than his 30-year-old son.

    From the WSJ:

    Thomas Gilbert, 70 years old, founder of the Wainscott Capital Partners Fund, was fatally shot around 3:30 p.m. by a 30-year-old man believed to be his son, the official said. The alleged shooter’s mother called 911 shortly after she found Mr. Gilbert in the bedroom with a handgun nearby, the official said.


    Mr. Gilbert was declared dead inside the Turtle Bay apartment, the official said.


    Mr. Gilbert and his son—whose name police didn’t release—were believed to be discussing differences in their relationship before the shooting, but no motive had been determined Sunday evening, the official said. Police said Sunday evening no one had been arrested.

    NY Daily News adds more:

    The founder of a $200 million hedge fund was gunned down Sunday in his East Side apartment during a fight with his 30-year-old son, who remains on the loose. Thomas Gilbert Sr., the 70-year-old founder and president of Wainscott Capital Partners, was shot in the head during the violent encounter with his son, Thomas Gilbert Jr., cops said.


    The 3:31 p.m. murder inside the senior Gilbert’s multimillion-dollar apartment at 20 Beekman Pl. near E. 50th St. sent cops fanning out across the tony Sutton Place neighborhood seeking the son, who fled the murder scene on foot, officials said. A porter at the luxury building said he had seen Gilbert Sr. earlier Sunday, but the financier gave no indication of trouble brewing. “I opened the door. He goes outside, he comes in, like always,” said the porter, who described Gilbert as “friendly,” “very nice” and a “gentleman.”


    Police said Gilbert was dead at the scene from the single gunshot wound to the head.


    Known as a Wall St. wizard, Gilbert founded his hedge fund in 2011 and helped build it into thriving firm managing $200 million in total assets.

    Gilbert was a big biotech investor:

    In an interview in November, Gilbert said his company’s success came from investing in biotech funds.


    “The performance that we had in September and October really set us apart,” he told “People wanted to see how we performed in a bear market and that worked out brilliantly for us. We’re not trying to beat all the biotech funds, we’re basically trying to avoid drawdowns.”

    From Gilbert’s website bio:

    Thomas S. Gilbert founded Wainscott Capital Partners Fund, LP in 2011, and is the Managing Member of the General Partnership, Wainscott Capital Partners, LLC and is President of Wainscott Capital Management, LLC, the management company. A graduate of Princeton and Harvard Business School, Mr. Gilbert has extensive knowledge of the alternative investment space having spent 40 years on Wall Street with direct investing experience in the stock market, as well as private equity, real estate, and the fixed income market. Previously, Mr. Gilbert was a Co-Founder of Syzygy Therapeutics, a private equity biotech asset acquisition fund, which focused on identifying and investing in late-stage biotech drug candidates, with potential for billion dollar markets. Mr. Gilbert left Syzygy in April 2011 to form Wainscott Capital Partners. Mr.Gilbert founded and ran Knowledge Delivery Systems, Inc as Chairman and CEO from 2000 through May, 2009, Chairman through December, 2010, and is currently a Director of KDS. He is a former Managing Director of Venture Capital at Loeb Partners Corporation, where he was responsible for originating, structuring, and monitoring a broad spectrum of private equity portfolio investments. Mr. Gilbert is currently a Director of North Atlantic Holding Company, Inc. in addition to Knowledge Delivery Systems.

    To be sure, the newsflow out of hedge fund land at the start of every year when the books are squared away tends to get crazy, but this is far and beyond the pale and even put to shame the story of Kim Karapetyan, 29-year old Moscow Hedge Fund wunderkind, who instead of facing his investors following massive losses decided to simply… disappear.


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