Desperate attempt to save struggling Texas beer brewery turns deadly as owner's plot backfires

Keith Ashley allegedly shot and killed Jim Seegan, and tried to stage the crime scene to make it appear a suicide

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A Texas man who worked as a financial advisor and insurance agent, and allegedly killed one of his clients and stole money from others to keep open his struggling brewery business, has been sentenced to life in prison. 

Keith Ashley, 51, of Allen, was found guilty in October 2022 of federal wire, mail, and bank fraud charges, as well as firearms violations, FOX Dallas reported. He is also accused of killing one of his clients, 62-year-old Jim Seegan, to gain control of his finances. 

TEXAS GIRL, 11, FOUND MURDERED UNDER BED AFTER KNOCK ON DOOR WHILE SHE WAS HOME ALONE

desperate attempt to save struggling texas beer brewery turns deadly as owners plot backfires

Keith Ashley allegedly killed one of his clients in connection with a fraud scheme.  (KDFW)

Ashley went to Seegan's home and drugged him before fatally shooting him in the head. Ashley placed the gun used in the murder in Seegan's hand in an effort to make the killing look like a suicide, authorities said. 

Afterward, Ashley allegedly used Seegan's cellphone to wire money from the victim's bank account to his. He also allegedly collected money from Seegan's life insurance policies, which were worth around $2 million.

desperate attempt to save struggling texas beer brewery turns deadly as owners plot backfires

Jim Seegan was shot and killed in his home. (KDFW)

Prosecutors said Ashley used the money he stole to fund a lavish lifestyle, including financing his struggling brewery, Nine Band Brewing in Allen. 

Louis Casiano is a reporter for Fox News Digital. Story tips can be sent to This email address is being protected from spambots. You need JavaScript enabled to view it..

Authored by Louis Casiano via FoxNews August 18th 2023