News From Terre Haute, Indiana

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 | Photo Reprints
Community News Network
Latest News
TribStar.com Poll
AP Video
Police: Prostitute Accused in Overdose Death Raw: Rocket Explodes Over Israeli Wedding Raw: 10-year Sentence for Ex-New Orleans Mayor Weaver Reprises Ripley Role for 'Alien' Game Tornadoes Kill Four in Central New York Day After: Brazil Reeling in WC Loss Obama Talks Economy, Slams Republicans Sterling Testifies in Los Angeles Clippers Trial Raw: Brazil Fans Cry After World Cup Loss Typhoon Nears Japan's Main Islands Raw: Obama Shoots Pool in Denver Raw: World's Tallest Water Slide Opens Thursday Argentina to Face Germany in World Cup Final Service Held for 200 Whose Bodies Went Unclaimed Raw: Stampede in Rio During World Cup Raw: Palestinians Clash With Israeli Forces Israeli Offensive Escalates in Gaza Attack Former NFL Player 'Excited' Deal Almost Done GOP: Immigration a 'human Rights Issue' Kim Kardashian Hits Up Valentino Show in Paris
NDN Video
Elephant Pool Party at The Oregon Zoo Must-See! Berry and Fallon Form Human Hamster Wheel Pilot buys pizzas for travelers delayed by storm Klose nets record, Germany rout Brazil 7-1 'Purrmanently Sad Cat' Looks Adorably Sad All the Time Pharrell 'humbled' by success of mega-hit 'Happy' Day After: Brazil Reeling in WC Loss Jennifer Lawrence Facepalms Emma Watson Athletes Bare All for ESPN Magazine's Body Issue Raw: Brazil Fans Leaving Stadium Before Half Andi Dorfman Walks Out During the Rose Ceremony 5 Firework Fails for July 4th Justin Bieber Catches Tom Hanks Getting Down, Showing ‘How We Do It Big shoes to fill for Brazil ahead of Germany clash Man's 'Potato Salad' Plea Takes Off on Kickstarter Joan Rivers Storms Out of Interview Watch: A turtle and dog play ball Yikes! This Jet is Way Too Close Late-Night Highlight: Ben Falcone Screwed Up His Proposal To Melissa McCarthy Jenny and Sherri Talk "View" Departure
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.
  • -

     

    March 12, 2010

activity