Crossfire at the Shaughnessys'

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(upbeat music) In a fraction of a second, it changed my life. Now I'm someone else. No warning, no premonition, nothing. My name is Corey Shaughnessy, and I used to own gallery jewelers in Austin, Texas. The thing that made the jewelry business really fun is selling engagement rings, selling jewelry to people because they're marking special occasions. Ted kind of had the same passion. He loved colored gemstones. We called ourselves gallery jewelers. It should have been called Ted's jewelers because it really was all about him. March 1st was just a boring day. He came home from work, we had dinner. I basically rolled over to go up to sleep. And the next thing I know, one of the dog sparks. This was early morning hours. Two shooters entered the Shaughnessy home. They quietly moved through the home. Ted sits up in bed and he grabbed his gun to go see what it was. I hadn't even gotten my head back on the pillow. I don't think before I heard the first gunshot. And then there was a barrage of gunfire. One of the shooters advances towards the master bedroom where Corey is. I grabbed my gun, I started shooting back. And I ran out of ammo. I just bailed into the closet. I'm trying to find the 911. You need to find the paramedic. I don't know. I need a closet. There were shots fired. Help me. OK, I'm helping you, ma'am. Help me. I heard this. I'd be horrible, horrible moaning. And when I came out of the closet, I saw Ted's legs and I could tell that he was dead. OK. Oh, my God. Take a deep bite, you're doing awesome, Corey, OK? Oh, God. Theodore Shaughnessy was shot dead in his Austin area home by an intruder. Corey Shaughnessy shot back at the intruder and wasn't hurt.
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A gunfight in the dead of night. The targets fire back. Their son in the crosshairs of suspicion. "48 Hours" contributor Jim Axelrod reports. This episode of "48 Hours" originally aired on January 15, 2024.