Barry Sherman owed $ 1 billion and would not pay, police documents reveal

Toronto Star has won a court-approved access to police investigative documents in the now four-year-old Barry and Honey Sherman murder case, and the information is released in chronological order, not all at once. Last week we reported that in the summer of 2021 the hope of catching the killer or killers through cell phone tracking had failed, leading to the release of “walking man“video. In today’s edition, Star reveals what Sherman’s children, friends and business associates told the detectives in their interviews.

Barry Sherman faced a crushing payout – he owed $ 1 billion to other companies and had no intentions of paying. Two of his most trusted advisers wanted him to show his favorite lieutenant the door. At home, things went better with Honey and the kids than before, but the detectives’ notebooks quickly filled up with stories of past family unrest and separate sleeping arrangements.

There’s an old saying in homicide investigations, “there are no secrets in a murder case,” something that was made very clear in police documents that have recently been released by the court. The files, a collection of interview statements and police theories, also shed new light on Honey’s sister’s belief that the couple was murdered for religious reasons.

Barry Sherman, founder of the pharmaceutical company Apotex, and his wife Honey were killed in their home in Toronto on Wednesday, December 13, 2017, and their bodies were discovered 36 hours later by a real estate agent visiting clients through the property, which was listed. for sale for $ 6.9 million. A $ 5 million bid for the house on Old Colony Road had just come in, but Barry turned it down.

In the early days of the now four-year-old investigation, detectives and forensic experts were of the belief that the deaths were a homicide-suicide. Detectives pursuing this theory asked people about the couple’s mental and financial health. All of these interviews have become part of police documents used to convince a judge to approve search orders and production orders at various stages of the investigation. The Star has been arguing in court since the beginning of 2018 that these documents should be opened up so that the troubled investigation can be scrutinized. The first repeal came in late 2020 and involved descriptions of crime scene.

In this latest round of the seal, following a Star Reporter’s cross-examination of the only full-time murder detective in the case, portions of family interviews that have previously been edited have been made public.

In one example, Jonathon Sherman, Barry and Honey’s then 34-year-old son, described to police how he and her husband Fred Mercure had been on vacation in Japan since Nov. 28, 2017, and returned home Tuesday, Dec. 12. Fred, in his interview, told police that he and Jonathon were driving to their cottage on Friday and that it was around noon that Jonathon received a call from his aunt, Mary Shechtman, with the news.

“When he was standing in the driveway of the cabin after the call from his aunt,” Jonathon told Fred that his parents had been murdered and that they were found in the basement, and that his aunt was very desperate, “according to the police report on Fred’s statement.

In his interview with police, Jonathon rejected any suggestion that his parents’ death was a homicide-suicide, saying they “never had mental health or self-harm issues.”

In response to questions about his parents’ home life, Jonathon said they had not slept in the same room for 10 years; but he had no worries about infidelity in their marriage and did not think his parents would ever divorce.

‘According to Jonathan, his parents had a private relationship and a public relationship. Publicly, they were the world’s greatest power couple, but privately they did not get out of it. When the children were smaller, there was a lot of shouting and shouting in the house. Over the last five years, their relationship has improved a lot, possibly because the children had grown up, ”the detective notes in his summary of Jonathan’s testimony.

Lauren Sherman, the eldest of Barry and Honey’s four children, was in Mexico at the time of the murders. She told police she talked to her father every day. She also said that in recent years she “struggled” with her parents often, but the relationship had improved in recent years. While her parents used to quarrel a lot, “over time, her parents sorted out their problems, and for the past five years, they were seen walking around holding hands.”

The children talked openly with the police about their parents’ behavior, especially Barry’s brilliance, and how he was awkward at times. Alexandra, one of the Sherman daughters, told police she “always wanted to make fun of her father being autistic because he was so ingenious but could not interact with people socially or read people and people would exploit him . ”

Brad Krawczyk, who is married to Alexandra, worked (and still does) for Sherfam, Barry’s holding company. He told detectives: “Barry has seemed quiet lately, but not sadly despite losing a total of about a billion dollars in lawsuits in the last three months.” Brad said Barry “maintained that he would not pay them (medical companies that had sued over patent issues) and that they were financially stable. Everyone was told everything was fine.” Following the death of the Sherman family, Apotex settled with the companies for an undisclosed amount.

As Star has previously reported there was a cash squeeze in late 2017, and Barry was looking for ways to pay off several settlements, including asking Jonathon to put conventional mortgages on properties Barry bought for him and pay Barry back between 6 p.m. $ 50 million and $ 60 million. These mortgages were never arranged.

Meanwhile, Jeremy Desai, the CEO of Apotex, who had been hand-picked by Barry, had landed in hot water due to allegations from rival generic company Teva in the summer of 2017. Teva claimed that Desai had received internal Teva documents through a relationship. he had with a former Teva employee. Jack Kay, Barry’s deputy commander at Apotex, “thought that Jeremy should have been released for the sake of the company’s best interests,” according to Kay’s statement to police. Kay said it was the only time in their more than three decades together that he disagreed with Barry.

Alex Glasenberg, the chief officer of the Sherman family’s holding company, also told police he believed Desai should be released. But Desai had the backing of Barry Sherman, and he stayed.

Desai, in his interview with the murdered.-sgt. Brandon Price said Barry was his “greatest mentor and support” and he was not surprised he had to leave after Barry’s death as he had lost Barry’s “protection”. Desai denied in an earlier interview with The Star Teva prosecutors.

The recently released documents reveal that Honey’s sister Mary Shechtman told police that Honey had attended meetings “to stop Muslims and retaliation.” Shechtman told a detective how the Germans were strong supporters of Israel, and “Honey was very vocal about being a Jew.” Shechtman said Honey had gone to a lecture six months before the killings “on preventing money from falling into the hands of Muslim fundamentalists.” In Shechtman’s statement to police, she said Honey’s belief was that “if the money was cut off from them, they could go bankrupt and therefore the money could not be used for terror.” Shechtman told police she believed “Barry provided funding for this.”

There is nothing else on the approximately 2,000 pages that have been released so far (with partial editorials) indicating that police have found anything to show that they were investigating a religious motive.

The documents also show that police have combed Barry’s emails at work – at least those that a legal agreement on the protection of privileged documents allowed them to see. Most of that part of the police files remains closed to the public. An unsealed document relates that Barry was told in the fall of 2017 that he was to receive the Canada Order. Barry had filled out the form and sent it back to Ottawa, the documents show.

The prize was never awarded. Sherman daughter Alexandra told her three siblings (Jonathon, Lauren and Kaelen) in an email in the spring of 2019 that she hoped a date could be arranged with Ottawa officials, and “hopefully we can all travel to Ottawa and receive the order on behalf of father together. ” To date, that has not happened. Since then, a rift has developed between the Sherman children, according to Jonathon, who previously told Star Alexandra believes he has something to do with their parents’ deaths. Jonathon in an interview with Star rejected that suggestion, saying “I’m the only person who knows I was not involved.”

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