CEO commits suicide by shooting himself with a nail gun while his company is under investigation

Richard Talley, 57, founder of American Title Services in Centennial, Colorado, was found dead in his home on Tuesday

Talley 'once claimed to be a member of the 1980 U.S. Olympic swimming team'. USA Swimming refuted this on Thursday



A CEO has committed suicide by shooting himself multiple times with a nail gun, a coroner reported on Friday.

Richard Talley, 57, founder of American Title Services in Centennial, Colorado, was found dead in his home on Tuesday with up to eight wounds to the torso and head.

His company was being investigated by state insurance regulators at the time of Mr Talley's suicide.



Richard Talley, pictured with his wife of 25 years Cheryl, committed suicide with a nail gun at his home in Colorado on February 4. It has now emerged Talley's life insurance policy was transferred into his wife's name before he killed himself

A family member found the 57-year-old dead in his garage, the Denver Post reported.



Mr Talley has been married to his wife Cheryl since 1989. He moved to Colorado from Chicago where he was a regional finance officer for Drexel Burnham Lambert.

Cheryl serves as the company's Director of Marketing for the tile company, which was founded in 2000.

The couple has two children.

He attended the University of Miami and Northwestern University's Kellogg Graduate School of Management.

The Post also claimed that Talley had once said he was a member of the 1980 U.S. Olympic swimming team' - but a spokesman for USA Swimming refuted this and said he was not ever on the team.



The Department Of Regulatory Agencies confirmed that an investigation was focused on Talley and the company to the Post but gave no additional information.

Mr Talley, 57, was found dead in his garage from the self-inflicted wounds in Centennial, Colorado

Mr Talley had allegedly been having trouble with his business before he took his own life in Colorado

Talley had formed a number of companies, some of which closed down, including American Escrow, Clear Title, Clear Creek Financial Holdings, Swift Basin, Sumar, American Real Estate Services, and the American Alliance of Real Estate Professionals.

His funeral will be held on Saturday in Centennial.



In the U.S., for support on suicide matters call the National Suicide Prevention Helpline on 1-800-273-8255 or go to suicidepreventionlifeline.org