Former Chesapeake CEO Aubrey McClendon has died in a car accident a day after being indicted for conspiracy

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Ex-Chesapeake CEO Dies in Fiery Crash One Day After Conspiracy Charges

Former Chesapeake Energy CEO Aubrey McClendon has died in a single car accident.

The accident took place around 9:00 o'clock in the morning, and according to officials the car was going very fast.

"Speed was definitely a factor in the fatality," Oklahoma City officials said in a press conference. "He pretty much drove straight into the wall."

On Tuesday McClendon was indicted with conspiracy to rig bids for oil and natural gas leases. Allegedly he and other companies colluded to figure out who would win the bids.

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Former Chesapeake CEO Aubrey McClendon has died in a car accident a day after being indicted for conspiracy
DUBLIN, OH - MAY 30: Jack Nicklaus (R) stands with Aubrey McClendon of Chesapeake Energy Corporation during the Morgan Stanley Pro-Am Invitational at The Memorial Tournament May 30, 2007 in Dublin, Ohio. (Photo by Hunter Martin/Getty Images)
OKLAHOMA CITY, OK - MAY 16: Oklahoma City Thunder majority owner Clay Bennett, right, and minority owner Aubrey McClendon cheer their team on against the Los Angeles Lakers in Game Two of the Western Conference Semifinals during the 2012 NBA Playoffs on May 16, 2012 at the Chesapeake Energy Arena in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2012 NBAE (Photo by Layne Murdoch/NBAE via Getty Images)
OKLAHOMA CITY, OK - JUNE 6: Oklahoma City Thunder minority owner Aubrey McClendon celebrates following his team's victory against the San Antonio Spurs in Game Six of the Western Conference Finals during the 2012 NBA Playoffs on June 6, 2012 at the Chesapeake Energy Arena in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2012 NBAE (Photo by Layne Murdoch/NBAE via Getty Images)
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