CarriageTowneNews.com, Kingston, NH

Z_CNHI News Service

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
Z_CNHI News Service

New England News
Obituaries
  • Elwood (Al) Shaw, 93

    Meredith, NH — Elwood (Al) Shaw, 93, of Center Harbor, passed away peacefully on Sunday, March 30, 2014, at Forestview Manor in Meredith. He was the beloved husband of the late Greta L. (Sykes) Shaw, to whom he was married for 62 years.

    Continued ...
    The Carriage Towne News Thu, April 17
    8 days 1 Photo
  • Jo Ann Hughes, 79

    Sandown, NH — Jo Ann (Phelps) Hughes of Sandown, New Hampshire passed away on Thursday, March 27, 2014, surrounded by all of her children at home. She was born in Little Bend Kentucky, to Beatrice (Shepherd) Phelps and John (Cat) Phelps in 1934. Jo Ann was predeceased by brothers, Marcus Phelps, Johnny Phelps, Forrest Phelps and sisters, Juanita Phelps, and Jeanette (Phelps) Vincent. She is survived by brother, Donald Quiggins of Georgia; sisters, Geneva (Phelps) Stanley of Kentucky, and Frances (Phelps) Bratcher of Tennessee who had just visited Jo Ann in September of 2013.

    Continued ...
    The Carriage Towne News Thu, April 17
    8 days 1 Photo
  • Sherry Lynn (Cookson) Scanzilo

    Raymond, NH — Sherry Lynn (Cookson) Scanzillo, 58, of Raymond, N.H., passed away Saturday, April 5, 2014, at the Elliot Hospital surrounded by her loving family after a sudden illness.

    Continued ...
    The Carriage Towne News Thu, April 17
    8 days 1 Photo
  • Thomas Hugh Clinton, 73

    Atkinson, NH — Tom passed away on Sunday, March 30, 2014, at Elliot Hospital in Manchester. Tom was born on October, 30, 1940, at Clover Hill Hospital in Lawrence, Mass., as the only child to Hugh Clinton and Evelyn (Forcier) Clinton. Tom graduated from Methuen High School in 195

    Continued ...
    The Carriage Towne News Thu, April 17
    8 days 1 Photo
  • Jo Ann Hughes, 79

    Sandown, NH — Jo Ann (Phelps) Hughes of Sandown, New Hampshire passed away on Thursday, March 27, 2014, surrounded by all of her children at home. She was born in Little Bend Kentucky, to Beatrice (Shepherd) Phelps and John (Cat) Phelps in 1934. Jo Ann was predeceased by brothers, Marcus Phelps, Johnny Phelps, Forrest Phelps and sisters, Juanita Phelps, and Jeanette (Phelps) Vincent. She is survived by brother, Donald Quiggins of Georgia; sisters, Geneva (Phelps) Stanley of Kentucky, and Frances (Phelps) Bratcher of Tennessee who had just visited Jo Ann in September of 2013.

    Continued ...
    The Carriage Towne News Thu, April 10
    15 days

Stocks