CANADA Canada - Billionaire Couple Barry & Honey Sherman Murdered at Home, Toronto, 15 Dec 2017 #23

[Lexiintoronto]

Alex and Jack had informal meetings with Barry where they had tried to convince Barry, who was stubborn, to sell the company.

Alex spoke with Joanne MOREAU and spoke with BAXSTER trying to think of who could have done something like this and they could not think of anyone. Barry was non-confrontational and used lawyers. Barry seemed to tell Jack everything that was on the books and he did not own anyone money. Barry was spending billions on expanding Apotex as there was a plant being built in Florida. Alex had suggested to Barry, that he could sell the company and Barry said he would in 5 years. There could have been stress over the state of the company but Barry never showed it.

What made my heart sink is that it appears as though AG lied to the police. Barry did owe money.

 

[RHR]

Is there anywhere to read this article without a subscription?

I think with all the hardworking KD does and has don e on this case it's worth purchasing a subscription. It is not expensive and good honest journalists deserve that. JMO

 

[ldlager]

Friday, December 15, 2023

Barry and Honey Sherman murder probe was kept away from ties to offshore banking and to Edmonton Oilers’ owner

Rexall Drugs, brewing beer, making movies and more had at least tangential connections to Barry Sherman’s business empire. The police hadn’t been told about all of it.

www.thestar.com

''The family and friends of Barry and Honey Sherman pointed fingers at two people in the early days of the investigation: Kerry Winter and Frank D’Angelo. They did so even while police were still pursuing a murder-suicide theory.
“That’s what a lot of people were saying,” said a Sherman insider. “It was either Kerry or Frank who were somehow involved.”

''One batch of documents police have never seen relates to one of Barry’s biggest investments — with Darryl Katz of Edmonton. Katz is well known as the owner of the Edmonton Oilers and, until 2016, Rexall Drugs.

Documents the Star has seen show Barry had a significant investment (more than 50 per cent) in the Katz drug empire. Katz sold Rexall to an American company, McKesson, in 2016 for about $3 billion, and Barry’s investment was paid back.
All information related to this transaction has been kept from police, according to sources and documents. The Sherman executors determined that it was all “privileged.”

BS‘ investment in or loans to Katz to enable his Rexall purchase had to be kept under wraps because some of Apotex’ largest customers were competing retail chains like Shoppers Drug Mart. I understand that when Katz sold Rexall and a couple of related companies to McKesson there were disputes between Katz and BS about repayment of the money BS had invested or advanced To Katz. DK is a bit of a different cat, and while this repayment was finally resolved, I have often wondered why his name has not really been mentioned as a possible POI in this case.

 

[Bobbi Pearl]

What made my heart sink is that it appears as though AG lied to the police. Barry did owe money.

IMO Technically speaking who did Barry own money to? APotex lost a court judgement and the corporation owed money, not sure that is equal to Barry personally owing money.

 

[FPoulet]

What made my heart sink is that it appears as though AG lied to the police. Barry did owe money.

Barry didn’t owe money; Apotex owed money. Those are very different things.

 

[Lexiintoronto]

IMO Technically speaking who did Barry own money to? APotex lost a court judgement and the corporation owed money, not sure that is equal to Barry personally owing money.

IMO, I think in context AG meant Barry (ie. Apotex and Sherfam) didn’t owe money. AG referenced a bank loan that may have been called, so definitely he owed money.

 

[Lexiintoronto]

Barry didn’t owe money; Apotex owed money. Those are very different things.

IMO Technically speaking who did Barry own money to? APotex lost a court judgement and the corporation owed money, not sure that is equal to Barry personally owing money.

The Star is disputing AG’s statement. I read this as meaning Barry (ie. Barry’s businesses including Apotex and Sherfam) didn’t owe money. The Star found that is false.

““What is clear from the Star’s comparison of various documents in the Sherman case is that homicide detectives searching for the truth have run up against numerous brick walls.

In just one example, Glasenberg told detectives during his interview on Dec. 29, 2017 that, to the best of his knowledge, “Barry does not owe anyone any money.”
Yet just two months before the murders, Glasenberg sent a stiffly worded email to Barry warning him that his company was in dire straits due to Barry’s financial decisions. Glasenberg told Barry that his behaviour would cause the bank to “call the loan immediately.” Apotex, he said, needed to address its problems. “The company is insolvent and will have a going concern note.””

(Emphasis mine) Quote from today’s article.

ETA: Maybe AG was thinking the same way you both are thinking when it came to debt? He meant Barry personally didn’t owe money.

 

[dotr]

Barry Sherman owed $1 billion and was not going to pay, police documents reveal

Newly unsealed documents reveal what Sherman family, friends and business associates told homicide detectives.

www.thestar.com

Jan 2022
''Barry Sherman faced a crushing payout — he owed $1 billion to other companies and had no intention of paying. Two of his most trusted advisers wanted him to show his favourite lieutenant the door. At home, things were better with Honey and the kids than in the past, but detectives’ notebooks quickly filled up with tales of past family turmoil and separate sleeping arrangements.
There’s an old saying in homicide investigations, “there are no secrets in a murder case,” something made abundantly clear in police documents newly unsealed by the court.''

 

[Lexiintoronto]

This is the Press Reader link to yesterday’s article for anyone who missed it: Toronto Star ePaper

If anyone notices the PR link to today’s article can you please post it? I subscribe to the Star (and recommend it) but I know some people follow the case from outside Toronto or subscribe to other papers and may not have access.

 

[MerlinFalcon]

I wonder where Liss got the money to live his new lifestyle...

 

[newclues]

(!!) You were right in suggesting the police coordinated with the target in executing the search warrant:

“When Yim arrived at the target office, the interchange took less than five minutes. A person handed over a computer storage device packed with 14,801 electronic files. This was not a true search. This was a handover agreed upon through advance discussion.”

Police investigating Barry and Honey Sherman’s murders accepted odd limits sought by executors

How the family business empire decided what police could and could not see in the wake of the mysterious double murder.

www.thestar.com

It was not just the Sherman children who benefited from Barry’s generosity. Before Fred, Jonathon was dating a young Toronto man named Andrew Liss and in 2011 Sherman insiders say Jonathon convinced his father to fund the $4-million purchase of a Forest Hill home on Warren Rd. for Liss. The numbered company that purchased the house is headquartered at Apotex, and Liss is listed as company president and sole director. Over the next few years, as renovations progressed on what became a lavish home, land title records reveal $14 million in mortgages registered on the property, held by a Barry Sherman company. Sherman sources say that in addition to the extensive renovations, there was also major damage from frequent parties at the home. Eventually, in 2015, a buyer paid $11.5 million for the house. That Barry Sherman, who was funding those real estate dealings, would allow this raised the eyebrows of Sherman’s friends. “Barry did so many unusual things with real estate,” said one. “Offshore companies, putting unexpected people on title. That was Barry.”

Donovan, Kevin. The Billionaire Murders: The Mysterious Deaths of Barry and Honey Sherman (pp. 214-215). Penguin Canada. Kindle Edition.

 

[MerlinFalcon]

That David Wallace guy who was carrying on about the star and globe writing articles this week has now locked down his twitter account. Andrew Liss has also locked down both of his Instagram accounts.

 

[dotr]

Just stumbled onto the transcript for this podcast, posting just to keep it handy, fwiw.

https://podcasts.musixmatch.com/podcast/suspicion-the-billionaire-murders-the-hunt-for-the-01gttmmw40q3na01cxg9j6kp92/episode/s2-the-billionaire-murders-e9-succession-01h1c5wc90aqnxfa4q729tvq6g

''May 26, 2023 • 33min

S2 The Billionaire Murders | E9 Succession​

Suspicion | The Billionaire Murders: The hunt for the killers of Honey and Barry Sherman​

''The episode discusses the financial activities of the Sherman family after the deaths of Barry and Honey Sherman, including their investments, will, and philanthropy. It also raises questions about the existence of Honey's will and potential motives for the murders.

In 2021 3 years after Honey and Barry Sherman died, Kaylin, their youngest daughter paid $45 million to purchase a half stake in a hotel in Israel. This is the same Young woman, Barry overruled when she wanted to buy a $60,000 car.

It is a world class destination. People come from everywhere to come here and al although it's known mostly for skiing, this is my favorite time of year to be there, the hiking, the biking, you have the fantastic restaurants, the pedestrian only village.''

 

[MerlinFalcon]

Just stumbled onto the transcript for this podcast, posting just to keep it handy, fwiw.

https://podcasts.musixmatch.com/podcast/suspicion-the-billionaire-murders-the-hunt-for-the-01gttmmw40q3na01cxg9j6kp92/episode/s2-the-billionaire-murders-e9-succession-01h1c5wc90aqnxfa4q729tvq6g

''May 26, 2023 • 33min

S2 The Billionaire Murders | E9 Succession​

Suspicion | The Billionaire Murders: The hunt for the killers of Honey and Barry Sherman​

''The episode discusses the financial activities of the Sherman family after the deaths of Barry and Honey Sherman, including their investments, will, and philanthropy. It also raises questions about the existence of Honey's will and potential motives for the murders.

In 2021 3 years after Honey and Barry Sherman died, Kaylin, their youngest daughter paid $45 million to purchase a half stake in a hotel in Israel. This is the same Young woman, Barry overruled when she wanted to buy a $60,000 car.

It is a world class destination. People come from everywhere to come here and al although it's known mostly for skiing, this is my favorite time of year to be there, the hiking, the biking, you have the fantastic restaurants, the pedestrian only village.''

I wasn't sure if that last part was Kaylin's words or Lauren's, as she lives in Whistler.

 

[FromGermany1]

That David Wallace guy who was carrying on about the star and globe writing articles this week has now locked down his twitter account. Andrew Liss has also locked down both of his Instagram accounts.

Andre Liss alias Andrew London?

 

[MerlinFalcon]

Andre Liss alias Andrew London?

Yup

 

[MerlinFalcon]

That David Wallace guy who was carrying on about the star and globe writing articles this week has now locked down his twitter account. Andrew Liss has also locked down both of his Instagram accounts.

Updaye: Wallace has unlocked his twitter account. Not everything is about the Shermans but his tweet about the supposed upcoming Globe story is still there.

 

[dotr]

Dec 16 2023

Toronto Star ePaper

Toronto Star ePaper

torontostar.pressreader.com

 

[Lexiintoronto]

BS‘ investment in or loans to Katz to enable his Rexall purchase had to be kept under wraps because some of Apotex’ largest customers were competing retail chains like Shoppers Drug Mart. I understand that when Katz sold Rexall and a couple of related companies to McKesson there were disputes between Katz and BS about repayment of the money BS had invested or advanced To Katz. DK is a bit of a different cat, and while this repayment was finally resolved, I have often wondered why his name has not really been mentioned as a possible POI in this case.

Why do you think Katz could, or should, be a possible POI in the case?

 

[FPoulet]

Why do you think Katz could, or should, be a possible POI in the case?

Could? Possibly - didn’t the TPS say somewhere that they have dozens of POI and none have been eliminated. Should? I don’t know. I read something somewhere that suggested Barry had an off-the-books investment with Katz and they didn’t agree about the amount that should be repaid to Barry. But I think I also read that they worked it out. I don’t remember where I read this — maybe here! MOO.