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Canadian billionaire couple Barry and Honey Sherman were found dead in the basement of their Toronto mansion on Friday, December 15th at 11:44 a.m.
The Toronto Police have now confirmed that after an autopsy was done this weekend, that the cause of death for the husband and wife was ligature neck compression.
Their deaths have been deemed suspicious, and the Homicide unit has taken over the case.
On Saturday, the couple’s children issued a statement urging that the Toronto Police Service conduct a “thorough, intensive, and objective criminal investigation.”
“Our parents shared an enthusiasm for life and commitment to their family and community totally inconsistent with the rumors regrettably circulated in the media as to the circumstances surrounding their deaths,” reads the statement.
“We are shocked and think it’s irresponsible that police sources have reportedly advised the media of a theory which neither their family, their friends nor their colleagues believe to be true.”
We’ve been informed of the tragic news that Barry and Honey Sherman have unexpectedly passed away. All of us at Apotex are deeply shocked and saddened by this news and our thoughts and prayers are with the family at this time.
— Apotex (@Apotex) December 15, 2017
Born in Toronto in 1942, Barry Sherman was the CEO and chairman of Apotex Inc., a pharmaceutical company.
With a net worth of US$3.7 billion, Sherman was ranked by Forbes as the seventh wealthiest Canadian.
The couple resided in the North York area of Toronto at 50 Old Colony Rd. Barry Sherman was 75-years-old, and his wife Honey Sherman was 70-years-old.