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More details emerge about the financial dealings Russell Armstrong had prior to his death by suicide two weeks ago. According to Harvey Levin at TMZ, Alan Scram, a friend and business associate of Armstrong,commited suicide the next day.

From TMZ:

Russell Armstrong’s friend and business associate committed suicide the day after Russell’s body was found hanging from a beam in his bedroom … TMZ has learned.

Alan Schram — the managing partner of Wellcap, an L.A-based hedge fund — was found on August 16 outside of his car on Mulholland Drive with a gunshot to his head.  The L.A. County Coroner concluded Schram’s death was a suicide.

Alan was connected with an exclusive group called Tiger 21 — a organization of high net-worth folk who jawbone with each other about investments … and we’re told Russell

Armstrong was a member of Tiger 21, even though he was clearly having money trouble.

We’re also told they became friends, and during Russell’s memorial, Taylor and some of the other “Real Housewives of Beverly Hills” were talking about how shocked they were that the two men killed themselves — possibly a day apart 

As we previously reported, Russell, who did not leave a suicide note, was in deep distress over money problems.  As for Alan, he also did not leave a note, and his money situation is unclear.

  One Response to “Russell Armstrong Associate, Alan Schram, Commits Suicide”

  1.  

    So what?
    They both belonged to the same boy scout troop. They were not “business associates”. They belonged to the same business club. And yes, Alan Schram was possibly inspired by Russell, much the way teenagers copy cat suicides. Mullholland Drive is a popular spot to “end” it. Sort of a mecca for suicides like the GG Bridge.

    This whole mess is bad enough without hearing zebra hoofbeats instead of horses.

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