LOS ANGELES, California (CNN)  -- A man distraught because he could not find work shot and killed his mother-in-law, his wife and three sons and then killed himself inside a home in an upscale San Fernando Valley neighborhood, police said.
Police outside a home where an unemployed father is believed to have killed his sons, wife and mother-in-law.

Police outside a home where an unemployed father is believed to have killed his sons, wife and mother-in-law.

Authorities said the man had an MBA in finance but appeared to have been unemployed for several months and had worked for major accounting firms, such as Price Waterhouse, police said.

The two-story rented home is in a gated community in Porter Ranch, about 20 miles northwest of Los Angeles.

The shootings were discovered after 8:20 a.m. Monday, after a neighbor called police officers to report that the wife had failed to pick her up to take her to her job at a pharmacy, Deputy Chief of Police Michel Moore said.

Ed Winter, assistant chief from the Los Angeles County Coroner's Office, identified the suspect as Karthik Rajaram, 45.

He said the victims included Rajaram's mother-in-law, Indra Ramasesham, 69, and his 19-year-old son Krishna Rajaram, a Fulbright Scholar and honor student at UCLA. Video Watch police say the gunman was "embroiled in a financial crisis" »

Also dead were Rajaram's wife, 39, and their two other sons, 12 and 7. Some of the victims had been shot more than once and their identities were not immediately confirmed, he said.

"Due to the nature of their injuries, it's been a little difficult," Winter said. There were no signs of struggle, he said.

Police first found the mother-in-law shot in her bed in a downstairs bedroom, Moore said.

Upstairs, the couple's eldest old son was shot in the master bedroom; the wife in another bedroom with a gunshot wound to the head; the two younger sons in the bedroom they shared, both shot in the head. The 12-year-old was on the floor and the 7-year-old in bed, Moore said.

The suspect was also in that bedroom, a gun still in his hand.

Pray for the family and friends.

Post edited at 7:27 pm on Oct. 6, 2008 by Everlongx

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:D = LW when i talk to myhairitsnice

if anything don't take the lives of others, just take yours

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if you couldn't tell I'm from the STL!!!