Canadian Police: Jewish billionaire couple's murder not coincidental

Canadian Police: Jewish billionaire couple's murder not coincidental

Canadian Police: Jewish billionaire couple's murder not coincidental

Police said Friday they believe Canadian drug-company billionaire businessman Barry Sherman and his wife were both murdered.

Police said the couple were found hanging by belts from a railing next to a swimming pool at their Toronto mansion December 15.

They were bothfully clothed and wearing coats pulled down over their shoulders.

Police say the couple was found in the basement of their home by a real estate agent.

At the start of the investigation, Gomes said police considered three possibilities: that the couple's deaths were a double suicide, a murder-suicide or a double homicide.

The Shermans' family criticised the police and media immediately after several reports speculated on the cause of death, including a widely circulated account of a murder-suicide. The private investigators told reporters this week that the Shermans most likely had been killed by multiple people.

She refused to comment on possible suspects or motives in the case but said police had captured "images of people in the neighbourhood".

Immediately after the news conference, a statement was released from the Sherman family which said that it supports the TPS investigation.

Detective Sergeant Gomes said anybody who has had access to the home in recent months was important to police.

At the Sherman home on Old Colony Road in North York on Friday morning, yellow police tape remained stretched across the property, and a police seal covered the front double doors.

Sherman, who had a PhD in astrophysics from the Massachusetts Institute of Technology, was chairman of the closely held Toronto-based generic drugmaker and was ranked by Forbes as Canada's 12th-richest person with a net worth of about US$3 billion (NZ$4b).

"The only presented options being double suicide, homicide-suicide or double homicide", said Gomes.

In a statement, the family said it had anticipated the conclusion that it was a double homicide.

Mr Sherman was known for litigiousness and aggressive businesses practices as he developed Apotex Inc., which has a global workforce of about 11,000.

"The branded drug companies hate us".

"There was absolutely unequivocally no way that [Mr Sherman] would hurt his wife, and hurt his grandkids, his family and his reputation", he said.
They had recently put their home in Toronto up for sale for $6.9m (€4.5m) and they were building a new home in the city. "Perhaps I'm surprised that hasn't happened", Barry Sherman told American author Jeffrey Robinson during an interview in 2000.

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