Kokomo Tribune; Kokomo, Indiana

Local News

August 24, 2013

Kokomo wealth manager dead after shooting

Ky. sheriff says Richard Schwartz tried to kill his wife

Richard Schwartz, an investment adviser who built his business in Kokomo, killed himself Wednesday at his Simpsonville, Ky., home, after first attempting to kill his wife, a Shelby County, Ky. sheriff investigator said Friday.

Maj. Jason Rice said deputies were called to the Schwartz home, 2000 Todds Point Road, Simpsonville, around 3:30 p.m. Wednesday on a report of shots fired.

When they arrived, they found Schwartz dead of a self-inflicted gunshot wound.

Rice said that prior to committing suicide, Schwartz first fired a total of seven rounds at his wife, Brielle, who managed to escape through a bathroom window without being hurt.

Six other individuals, all family members, were in the house when the shooting occurred, and all were able to flee without being struck, Rice said. He said the family members were all on the other side of what he described as a “very large, million-dollar house” when the shooting started.

“[Brielle and Richard Schwartz] were in a bedroom arguing, when she noticed he had a gun. She fled into the bathroom, and closed and locked the door,” Rice said. According to Brielle, the gun jammed initially, giving her enough time to run into the bathroom, Rice said. Schwartz was able to clear the jam and begin firing a short time later, he added.

The bathroom contained a small room where the toilet was located. Brielle closed the door to that inner room, and then knocked out a window screen behind the toilet to escape, Rice said.

If she had stayed in the bathroom, she would have likely been struck by one or more of the bullets Schwartz fired through the door between the bedroom and the bathroom, he added.

Rice said the family members were visiting during the Kentucky State Fair, where the Schwartzes were showing horses.

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