Cops: Private Investigation of Billionaire Murders Has Ended

$10M reward still offered in Sherman murders
By Newser Editors and Wire Services
Posted Dec 17, 2019 2:31 AM CST
Private Investigation of Billionaire Murders Is Over
In this Oct. 15, 2017 photo provided by the United Jewish Appeal via Canadian Press, Barry and Honey Sherman pose for a photo in Toronto, Canada.   (United Jewish Appeal Federation - Greater Toronto/Canadian Press via AP)

Police in Toronto on Monday said the private investigation into the murders of Canadian drug company billionaire businessman Barry Sherman and his wife, Honey, is over but the police investigation remains active. Toronto police homicide Insp. Hank Idsinga said the case is now solely in the hands of police. Idsinga says the work of the private investigation hired by Sherman's family has been completed and the family's $10 million reward for an arrest and conviction remains, the AP reports. The founder of generic drugmaker Apotex and his wife were found dead in their Toronto mansion on Dec. 15, 2017. The two were found hanging by belts from a railing that surrounds their indoor pool and were in a semi-seated position on the pool deck.

Police initially said the deaths were suspicious, but said there were no signs of forced entry and they were not looking for suspects. The day after, some media outlets quoted unidentified police officials as saying the deaths appeared to be a murder-suicide. That upset the couple's four adult children, who hired their own team of investigators. Police said six weeks later the couple were murdered. The family, through their lawyer Brian Greenspan, has been critical of Toronto police. A year ago they announced the reward and a private tip line. Idsinga says that line is now inactive and people who have provided tips to the private investigation team should resubmit them to police. The family has "full confidence that the Toronto Police Service will solve this crime," Idsinga says.

(More Barry Sherman stories.)

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