Financial probe follows Colorado CEO's suicide by nail gun

By: Associated Press
March 27, 2014 Updated: March 27, 2014 at 2:31 pm

DENVER — A state grand jury is hearing evidence about a bankrupt Colorado insurance company days after its CEO killed himself with a nail gun.

The Denver Post ( reported Thursday that the Arapahoe County coroner's office found that American Title Services CEO Richard Talley shot himself in the chest seven times with nails from a nail gun before firing a fatal nail into his head. Police found his body in his car in the garage of his Aurora home last month.

Court records show Title Resources Guaranty, the Dallas-based company for which American Title wrote policies, was to confront Talley about $2 million in missing escrow funds.

The Colorado attorney general's office says a state grand jury is hearing evidence. A spokeswoman would not say whether the probe involved only Talley.

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