CANADA Canada - Billionaire Couple Barry & Honey Sherman Murdered at Home, Toronto, 15 Dec 2017 #24

  • #1,041
The

TPS needs to take a good hard look at itself and admit its current investigation us going nowhere. Until someone from TPS admits that then nothing is gonna change. It needs to accept it needs a new taskforce and direction.

I personally dont believe this is a murder situation committed with a lot of sophistication. I do believe it was was committed with a certain degree of self preservation and some basic knowledge of forensics. I believe opportunity was priority for the perpetrators above anything else which was secondary. All the perpetrators had to do was wear gloves and take away any restraints used. It's not rocket science. It's not sophisticated. Even if forensics had been properly carried out I doubt much information would have been gained from what we already know which is very little. The bottom line is not to overthink this.

What we know -

What strikes me most about the perpetrators is that they knew the security cameras in the pool area weren't being used. Or did they know but had no care for it? This shows either knowledge about the cameras or a total disregard. If it's a total disregard as to whether they were working when they perpetrated the murders then why? I believe it's because they could have worn clothing that covered their faces. For example, the walking man.

We know the perpetrators took away the restraints to remove the possibility of leaving their DNA and or make it harder for the police to identify specific ligature used. This is not sophisticated.

If there is any sophistication then it is that they committed the murders at the right time. But then again is it sophisticated to assume that the best time to committed the murders is when both victims have finished work. The victims live on their own so it's not sophistication to work out that to follow one of them home or attack in the evening would be the best time.

I do not believe this crime is complicated or sophisticated in the way that it was carried out. Sometimes solutions are more simple.
I do not believe the TPS will ever admit they messed up in this case, on many levels. Officially they will keep repeating that it is an ongoing investigation and they are following leads. As long as there is no political pressure, there will be no new taskforce, no new energy applied to the case. They will hide behind the line 'we asked for the public's help but none has become forthcoming'. It appears to me that the TPS spent more time and effort fighting KD in the courts than coming up with evidence.

I was a great supporter of the TPS in this case, but I have lost confidence, mainly because of their silence and the lack of updates.

True the TPS does not have to tell the public anything, but it is also true the public can speculate about the quality of the investigation in this case as a result of this silence.
MOO


 
  • #1,042
Missed this article which may or may not be relevant to the Sherman case, noting anyway, fwiw. rbbm.
2022
''A pharmaceutical company in north Toronto is objecting to a proposed condo development next door on the grounds that the hundreds of residents looking down on its facility will represent a threat to "national security."

''Walid Hejazi, who specializes in national security at the University of Toronto's Rotman School of Management, agrees that foreign countries intent on disrupting Canada's ability to fight a future pandemic, or who want to produce their own vaccine, could target a facility like the Sanofi Pasteur campus. ''

"Being able to maintain the integrity of the physical perimeter is very important, not just in terms of someone crossing into that environment, but people being able to spy from sort of high locations that are located close by," he added.''
 
  • #1,043
Here is a Toronto Star article. We know Jonathon Sherman went to Japan, prior to his parents deaths, to study and learn crypto.(Why Japan?) The article below implies some bad people were/are using crypto for criminal and illegal activities. The article refers to "illegal goods and services are sold."


A cryptocurrency exchange has been fined almost $177 million — the largest-ever penalty by Canada’s financial intelligence agency — for infractions including failing to flag more than 1,000 transactions with suspected links to criminal activity.
Updated Oct. 22, 2025 at 1:20 p.m.
Oct. 22, 2025



By Tara Deschamps and Ian Bickis The Canadian Press

A cryptocurrency exchange has been fined almost $177 million — the largest-ever penalty by Canada’s financial intelligence agency — for infractions including failing to flag more than 1,000 transactions with suspected links to criminal activity.
The Financial Transactions and Reports Analysis Centre of Canada announced the penalty for Xeltox Enterprises Ltd. on Wednesday. The B.C.-incorporated business operates as Cryptomus and was previously known as Certa Payments Ltd.
The $176,960,190 eclipses the previous record — roughly $20 million — for a fine imposed by Fintrac. That penalty was given to Peken Global Ltd, the operator of another cryptocurrency firm, KuCoin, in September.


“Given that numerous violations in this case were connected to trafficking in child sexual abuse material, fraud, ransomware payments and sanctions evasion, Fintrac was compelled to take this unprecedented enforcement action,” director and CEO Sarah Paquet, said in a statement about the Cryptomus penalty.
In a statement, the company said it is co-operating with the regulator and taking necessary measures in accordance with their decision.
The agency found 1,068 instances where Cryptomus did not submit reports for July 2024 transactions involving known darknet markets and virtual currency wallets with ties to the criminal activity Paquet described.
Darknet markets are online and often anonymous platforms where illegal goods and services are sold. Virtual currencies also mask the identity of their holder, making both them and the darknet markets havens for criminal activity.
Fintrac said Cryptomus didn’t just violate money laundering laws when it failed to flag suspicious transactions, it also committed a violation when it failed to report 7,557 transactions originating from Iran between July 1 and Dec. 31, 2024.
Because of ministerial directives linked to financial transactions associated with the Islamic Republic of Iran, Cryptomus was supposed to treat these transactions as high risk. It was also required to verify the identity of the sender(s)/beneficiary(ies), exercise due diligence, maintain a record of the transactions and report them to Fintrac, yet the agency said none of those obligations were fulfilled.

ARTICLE CONTINUES BELOW


Furthermore, Fintrac found 1,518 transactions in July 2024 that met the $10,000 threshold at which companies have to report a large transfer of virtual currency.
Fintrac said these instances went unreported by Cryptomus, which also had “incomplete and inadequate policies and procedures” that created deficiencies in how the company handled ongoing monitoring and “know-your-client” obligations.
Adam Garetson, a partner at Gowling WLG who leads its digital assets group, says the scale of the fine seems to be a result of both the seriousness of the allegations and how many times the rules were apparently violated.
“The allegations of non-compliance were huge just from a volume perspective. They’re also allegations of evidence showing direct links to criminal activity, and flows of funds to sanctioned countries which were seemingly on a regular basis,” he said.
“So these are some pretty egregious allegations in terms of non-compliant activity.”
He said the allegations are in sharp contrast to what he’s seeing generally in the Canadian crypto trading market where operators are complying with anti-money laundering rules as well as Canadian securities regulations.


The size of the fine against Cryptomus comes as both Canadian and international regulators are seeing more support for greater fines and sanctions to crack down on illicit finance, he said.
Whether the regulator will be able to collect on the penalties is another question, since the company seems to have limited ties to Canada beyond its registration, with no employees apparently based in the country. Garetson said that there is at least rising co-operation among anti-money laundering regulators globally to increase the chances that recovery could occur.
Paquet said in her statement that Fintrac is committed to working with both domestic partners and international allies to protect the safety of Canadians.
Under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, businesses ranging from financial institutions to real estate brokers and casinos must keep certain records, identify clients, maintain a compliance regime and report financial transactions meeting specific criteria to Fintrac.
The Wednesday fine is the latest reprimand Cryptomus has faced. The B.C. Securities Commission temporarily banned the firm in May from trading securities and other market activities.
In 2024-25, Fintrac issued 23 violation notices to business that didn’t comply. It was the largest number of notices issued in one year in its history and amounted to more than $25 million in penalties.
Fintrac has imposed more than 150 penalties since it received the legislative authority to do so in 2008.
This report by The Canadian Press was first published Oct. 22, 2025.
 
  • #1,044
The vast majority of people who are “into crypto” are completely law-abiding.
 
  • #1,045
Here is a Toronto Star article. We know Jonathon Sherman went to Japan, prior to his parents deaths, to study and learn crypto.(Why Japan?) The article below implies some bad people were/are using crypto for criminal and illegal activities. The article refers to "illegal goods and services are sold."

[snipped]

Japan is where Bitcoin (allegedly nobody truly knows) was originally developed by a person using the Japanese fake name Satoshi Nakamoto. Various grifters have claimed to be him.

Cryptocurrency can be used to purchase things on the ‘darkweb’ such as drugs and illegal weapons, but most people use it to trade as currency like the stockmarket.
 
Last edited:
  • #1,046
Just to provide a less sinister alternative re: the Japan trip - Japan has been an "it" vacation spot for the "finance bro despite generational wealth" crowd for years, at least in America.

Is it possible that JS just wanted to go to Japan and used "studying crypto" (which at the time was a big buzzword) as a way to drum up family support for his trip?


It sounds like something some of my failure-to-launch ex boyfriends would dream up.

MOO
 
  • #1,047
Just to provide a less sinister alternative re: the Japan trip - Japan has been an "it" vacation spot for the "finance bro despite generational wealth" crowd for years, at least in America.

Is it possible that JS just wanted to go to Japan and used "studying crypto" (which at the time was a big buzzword) as a way to drum up family support for his trip?


It sounds like something some of my failure-to-launch ex boyfriends would dream up.

MOO
People who are certain JS ordered a hit on his parents, paid the murderer in crypto, showed his hit man etransfer confirmation to the police and the Toronto Star, scheduled the hit for a time when he had no alibi, directed the bodies to be positioned in a way that was meaningful to him personally and then profited! aren’t interested in less sinister explanations for anything JS has ever done.
 
  • #1,048
The vast majority of people who are “into crypto” are completely law-abiding.
Absolutely agree on this point. However Crypto has huge advantages for the criminal element to use it. Mainly anonymity.
 
  • #1,049
Just to provide a less sinister alternative re: the Japan trip - Japan has been an "it" vacation spot for the "finance bro despite generational wealth" crowd for years, at least in America.

Is it possible that JS just wanted to go to Japan and used "studying crypto" (which at the time was a big buzzword) as a way to drum up family support for his trip?


It sounds like something some of my failure-to-launch ex boyfriends would dream up.

MOO
Why would JS need family support to take a trip? He was in his thirties, had his own business, his own money, his own residence. If he just wanted to go to Japan for a holiday, he could.
 
  • #1,050
Why would JS need family support to take a trip? He was in his thirties, had his own business, his own money, his own residence. If he just wanted to go to Japan for a holiday, he could.
Totally agree that JS wouldn't "need" family support in the traditional sense. I'm thinking more in the "get my parents off my back" way.

We know that JS owed BS money. I'm wondering if Japan was a way for JS to show BS that he was "doing something" while staying far enough out of sight to buy himself some time/a break from questions. I know plenty of wealthy adult children who found themselves in grad school under similar circumstances.

Logically, yes, JS didn't need support. But family dynamics are complicated and don't always follow facts, especially when money is involved.

MOO
 
  • #1,051
Totally agree that JS wouldn't "need" family support in the traditional sense. I'm thinking more in the "get my parents off my back" way.

We know that JS owed BS money. I'm wondering if Japan was a way for JS to show BS that he was "doing something" while staying far enough out of sight to buy himself some time/a break from questions. I know plenty of wealthy adult children who found themselves in grad school under similar circumstances.

Logically, yes, JS didn't need support. But family dynamics are complicated and don't always follow facts, especially when money is involved.

MOO
Everyone owed BS money. That was his way of doing things: interest-free loans with an understanding that nothing would be paid back — until BS changed his mind. This is what happened to the Winters. BS gave them millions over the years, no strings attached, but then they sued him for more and the gloves were off.

All four of the Sherman children owed their father money at the time he died. To my knowledge they are the only people to ever repay what they owed: those amounts were recovered from their first dispersals from the estate.
 
  • #1,052
Everyone owed BS money. That was his way of doing things: interest-free loans with an understanding that nothing would be paid back — until BS changed his mind. This is what happened to the Winters. BS gave them millions over the years, no strings attached, but then they sued him for more and the gloves were off.

All four of the Sherman children owed their father money at the time he died. To my knowledge they are the only people to ever repay what they owed: those amounts were recovered from their first dispersals from the estate.
bbm
Did BS stipulate this in his will?
 
  • #1,053
Everyone owed BS money. That was his way of doing things: interest-free loans with an understanding that nothing would be paid back — until BS changed his mind. This is what happened to the Winters. BS gave them millions over the years, no strings attached, but then they sued him for more and the gloves were off.

All four of the Sherman children owed their father money at the time he died. To my knowledge they are the only people to ever repay what they owed: those amounts were recovered from their first dispersals from the estate.
Was BS starting to sniff around the other children for repayment the same way he was with JS? Genuine question - I'm not as up to date on this case as I used to be.

I have family members who operate very similarly to BS when it comes to this. Generous, but don't get comfortable. For his children, I'm sure, there was a little more grace, but I can see any of them still getting an earful if BS/HS weren't pleased with their choices.

Owing money opens you up to a certain level of parental involvement and entitlement, even as wealthy adults. It could very well be a situation where BS felt that JS in particular was being a tool and pulled his money while happily continuing to fund other children.

I don't necessarily have an opinion or a theory on JS and his involvement/lack thereof. I do think that the money was inconsequential when compared to the degree of emotional leverage it gave the parents. Nobody wants to be hounded by their parents all day, especially adults. I wouldn't be surprised if that was a major factor in a lot of their life decisions.

MOO
 
  • #1,054
bbm
Did BS stipulate this in his will?
When a person dies, the executor makes a list of everything the person owns and everything that is owed. The estate can pursue debtors. In the case where an heir owes the estate money, those amounts are “set off” from the amounts paid to them.

The Sherman heirs decided to cut their losses and not go after everyone who owed their father money. The judgement against the Winters, for example, was never enforced.

A simplified example:
Wealthy person dies owning $2M in assets and has lent money to many people including Heirs A and B, who inherit equally.
Heir A owed Wealthy Person $100K, Heir B owned Wealthy Person $200K.
Heir A receives $2M / 2 - $100K = $900K. Heir B receives $2M / 2 - $200K = $800K.
The heirs know many other people owed Wealthy Person money. They could try to collect those amounts, or they could move on with their lives.

In this case, the Sherman heirs moved on with their lives. They sold other assets like Apotex at a loss. Their priority was to get it over with, not to maximize the amounts they would receive.
 
  • #1,055
Was BS starting to sniff around the other children for repayment the same way he was with JS? Genuine question - I'm not as up to date on this case as I used to be.
We do not know. JS himself told the Star that his father had asked him to place mortgages on some of his properties to free up cash to pay a judgment in the short term. We know BS asked at least one other friend to do the same but in a far smaller amount. It seems plausible he made similar requests of others. He had a short-term liquidity crisis at the time of his death. He’d cut off FDA and paused his regular gifting. He framed all of it as temporary.
 
  • #1,056
When a person dies, the executor makes a list of everything the person owns and everything that is owed. The estate can pursue debtors. In the case where an heir owes the estate money, those amounts are “set off” from the amounts paid to them.
Ok, that is fair amd equitable.
 
  • #1,057
When a person dies, the executor makes a list of everything the person owns and everything that is owed. The estate can pursue debtors. In the case where an heir owes the estate money, those amounts are “set off” from the amounts paid to them.

The Sherman heirs decided to cut their losses and not go after everyone who owed their father money. The judgement against the Winters, for example, was never enforced.

A simplified example:
Wealthy person dies owning $2M in assets and has lent money to many people including Heirs A and B, who inherit equally.
Heir A owed Wealthy Person $100K, Heir B owned Wealthy Person $200K.
Heir A receives $2M / 2 - $100K = $900K. Heir B receives $2M / 2 - $200K = $800K.
The heirs know many other people owed Wealthy Person money. They could try to collect those amounts, or they could move on with their lives.

In this case, the Sherman heirs moved on with their lives. They sold other assets like Apotex at a loss. Their priority was to get it over with, not to maximize the amounts they would receive.
Apotex was not sold at a loss, I can assure you.
Does anyone know if JD repaid amounts he owed to BS and/or Apotex?
 
  • #1,058
Apotex was not sold at a loss, I can assure you.
Does anyone know if JD repaid amounts he owed to BS and/or Apotex?
Yeah, I should have said “assets like parts of Apotex were sold at a loss”. The financials for Apotex overall aren’t public. KD has reported that the Florida plant was sold at a $20 million loss. The Sherman home was demolished and the land sold.
 
  • #1,059
When a person dies, the executor makes a list of everything the person owns and everything that is owed. The estate can pursue debtors. In the case where an heir owes the estate money, those amounts are “set off” from the amounts paid to them.

The Sherman heirs decided to cut their losses and not go after everyone who owed their father money. The judgement against the Winters, for example, was never enforced.

A simplified example:
Wealthy person dies owning $2M in assets and has lent money to many people including Heirs A and B, who inherit equally.
Heir A owed Wealthy Person $100K, Heir B owned Wealthy Person $200K.
Heir A receives $2M / 2 - $100K = $900K. Heir B receives $2M / 2 - $200K = $800K.
The heirs know many other people owed Wealthy Person money. They could try to collect those amounts, or they could move on with their lives.

In this case, the Sherman heirs moved on with their lives. They sold other assets like Apotex at a loss. Their priority was to get it over with, not to maximize the amounts they would receive.
If there are only the two equal beneficiaries and there are no other expenses or debts, Heir A would receive $1,050K and Heir 2 would receive $950K for total disbursement of the $2M.
 
  • #1,060
Whatever happened, I think money was the motive here. It was either someone in the family or someone known to them like a business associate. They knew the perpetrator.
 

Guardians Monthly Goal

Members online

Online statistics

Members online
79
Guests online
1,440
Total visitors
1,519

Forum statistics

Threads
635,407
Messages
18,675,769
Members
243,214
Latest member
MissingPerson
Back
Top