Mineral Wells Index, Mineral Wells, TX

Community News Network

August 23, 2013

Financial adviser under investigation tries to kill wife, shoots self

SIMPSONVILLE, Ky. — An Indiana investment adviser under investigation for financial crimes tried to shoot his wife – who escaped unhurt by climbing through a bathroom window – before turning the gun on himself.

Richard Schwartz was found dead Wednesday afternoon in a bedroom in his family’s million-dollar home on a horse farm in Simpsonville, Ky.

Sheriff’s deputies said Schwartz was arguing with his wife, Brielle, when she noticed he had a gun. The husband tried to fire, but the gun jammed, giving the wife enough time to run into the bathroom.

Schwartz fired seven shots through the bathroom door, but his wife escaped through a window without being hurt, said Maj. Jason Rice of the Shelby County Sheriff’s Office.

Schwartz was the CEO of the Schwartz Group, a wealth management company with offices in Kokomo, Ind., and Scottsdale, Ariz. He was under investigation by several agencies, including the Indiana Secretary of State’s Office and the Indiana Department of Insurance.

The Federal Bureau of Investigation would not confirm or deny it was looking into Schwartz's financial dealings, but local authorities in Indiana referred one possible victim to the FBI this week.

Last month, a federal court ordered Schwartz to reimburse New York Life Insurance Co $1.45 million after the company said it paid him for insurance polices he wrote that were later declined or canceled.

A day after the court ruling, Brielle Schwartz filed for divorce.

"[Brielle] said there was an abnormal amount of lawsuits and papers being filed, and he wasn't really giving her much information on what was going on," Rice said.

On the day of the shooting, there were six other family members in the Schwartz home, including the couple’s children and other family members in town for the Kentucky State Fair, where the family showed horses. None of them were injured in the shooting.

Details for this story were reported by The Kokomo (Ind.) Tribune.

1
Text Only
Community News Network
Featured Ads
Mineral Wells Index


Click on a photo to visit our SmugMug page

Front page
Weather Underground Radar
Twitter Updates
Follow us on twitter
AP Video
Raw: Israel Bombs Multiple Targets in Gaza Veteran Creates Job During High Unemployment Raw: Cargo Craft Undocks From Space Station Widow: Jury Sent Big Tobacco a $23B Message New Orleans Plans to Recycle Cigarette Butts UN Security Council Calls for MH 17 Crash Probe Obama Bestows Medal of Honor on NH Veteran Texas Sending National Guard Troops to Border Hopkins to Pay $190M After Pelvic Exams Taped Foxx Cites Washington 'Circus Mirror' NASA Ceremony Honors Moon Walker Neil Armstrong Obama Voices Concern About Casualties in Mideast Diplomacy Intensifies Amid Mounting Gaza Toll AP Exclusive: American Beaten in Israel Speaks Obama Protects Gay, Transgender Workers Raw: Gaza Rescuers Search Rubble for Survivors Raw: International Team Inspects MH17 Bodies Raw: 25 Family Members Killed in Gaza Airstrike US Teen Beaten in Mideast Talks About Ordeal 'Weird Al' Is Wowed by Album's Success
Must Read
Seasonal Content
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Stocks
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide