RUSSELL ARMSTRONG’S BUSINESS ASSOCIATE COMMITS SUICIDE 24 HOURS AFTER HANGING

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.

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