Russell Armstrong: Huge Financial Debt Drove Him To Suicide
Oct. 17 2011, Published 1:00 p.m. ET
Breaking Celebrity News Legal Editor
Russell Armstrong committed suicide because of a large outstanding debt, Breaking Celebrity News is exclusively reporting.
The Real Housewives of Beverly Hills star Taylor Armstrong is telling close friends that she has discovered that her estranged husband owed a significant amount of money to a private individual.
"Russell couldn't repay the loan. Taylor believes the debt is at least $250,000, but it could be significantly more," a source close to the situation tells Breaking Celebrity News.
"Russell expressed his concerns to Taylor about his financial woes in the days before his suicide. She had no idea how big the debt was when Russell discussed it with her. It's now obvious to Taylor that Russell felt he had no other way out."
As Breaking Celebrity News previously reported, Russell's close friend and business associate Alan Schram killed himself the day after Armstrong's August 15 death.
Schram also owed the same amount of money to the same person that loaned Russell the money. "Alan took