Nearly a week after a team of private investigators that included several former Toronto homicide detectives said they found evidence of foul play, the Toronto Police Department said Friday that they will now investigate the deaths of billionaire philanthropists Barry and Honey Sherman as a “targeted” double-homicide, according to CBC. The police made the announcement during a 1 pm ET press conference.
Barry, 75, and Honey, 70, were found dead by a real estate agent in the basement of their Toronto mansion on Dec. 15. An autopsy revealed the cause of death for both to be “ligature neck compression,” meaning strangulation. Police initially believed it was a “suspicious” murder-suicide. The Shermans are believed to possess a fortune worth nearly $5 billion thanks to Barry Sherman’s Apotex, a Canadian pharmaceutical giant that specializes in producing generic copies of popular drugs. At the time of his death, Sherman and his company were embroiled in multiple lawsuits.
A source with direct knowledge of the parallel probe told CBC Toronto that private investigators believe that the billionaire Toronto couple was murdered by multiple killers.