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Executive Killed In AC Escalator Fall

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Executive Killed In AC Escalator Fall

ATLANTIC CITY, N.J. (AP) ― Atlantic City police are investigating how a hedge fund executive fell to his death from an escalator.

James Vellanti is the second man in two years to take a fatal plunge from an escalator at The Pier Shops at Caesars.

Police were called to the mall, which is connected to the casino by a sky bridge, at 12:01 a.m. Sunday.

Vellanti lived in Clinton and was chief operating officer for the hedge fund JNF Asset Management LLC in New York. His age was not available.

Frank Gilbert Jr. died on Aug. 9, 2008 after falling about 40 feet. Witnesses said the 25-year-old was sitting on the escalator's handrail on when he fell. He died of head injuries.

Information from: The Press of Atlantic City, http://www.pressofatlanticcity.com



(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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