IFWT_Aubrey McClendon 1

It seemed like a bizarre twist of fate that Oklahoma City Thunder co-owner Aubrey McClendon died in a car crash one day after he was indicted on a federal conspiracy charge.  Well it’s not such a coincidence after all, it turns out the crash could’ve been a suicide.

The billionaire Thunder owner and a founder and former chief executive of Chesapeake Energy, was charged with conspiring to rig bids for oil and natural gas leases.

Basically McClendon turbocharged the shale revolution by buying up gas fields across the United States, with conspiring to suppress prices paid for oil and natural gas leases.

He faced up to 10 years in prison.

McClendon, 56, crashed into an embankment while traveling at a “high rate of speed” in Oklahoma City just after 9 a.m. local time, said Capt. Paco Balderrama of the Oklahoma City Police Department. Flames engulfed McClendon’s vehicle “immediately,” Balderrama said. He added that police determined McClendon was not wearing a seatbelt after earlier being unable to tell.

“He pretty much drove straight into the wall,” Balderrama said.

He said police still needed to determine an exact cause of the crash, but a medical event was “possible.” McClendon was expected to turn himself in at 11 a.m., Balderrama added.

Shay Marie: Twitter || Instagram

source: CNBC