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Business owner killed by son, hires a hitman to shoot Father and Mother

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    A Texas man has admitted to hiring a gunman to kill his parents for $10,000 in order to cash in on a life insurance policy and sell millions of dollars of their assets for his own profit, according to local reports.

    Nicolas Shaughnessy, of Austin, was accused in 2018 of organizing the murder-for-hire plot that killed his father, Theodore “Ted” Shaughnessy, in March of that year. His father and mother owned a prominent city jewelry shop, and he allegedly estimated that he’d rake in about $8 million from the policy and from selling their home and the family business.

    A gunman entered his parents’ home on March 2, 2018, fatally shooting his 55-year-old father and shooting at his mother, Corey Shaughnessy, who escaped unharmed, according to Fox San Antonio. The home’s alarm system had been remotely deactivated, according to the station. Read more Article source

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