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Canadian Billionaire's Death Called Suspicious by Police

Canadian Billionaire's Death Called Suspicious by Police”

15, Barry Sherman, a self-made billionaire in the Canadian pharmaceutical industry, and his philanthropist wife, Honey, were found dead by the real estate agent helping to sell their $7 million mansion in a wealthy Toronto neighborhood, according to news story published December 16 by the Toronto Star, a daily Canadian newspaper, and a subsequent report by the Washington Post.

Police issued a brief statement, but refused to comment further about the deaths of the couple, who were found in their Toronto home on Friday.

The bodies of Barry Sherman, 75, and his wife Honey, 70, were found Friday at their home in Toronto.

Police will at this time only say the deaths are being investigated as suspicious.

Post-mortem examinations on the couple revealed they both died of "ligature neck compression", signalling a type of strangulation.

Officially, police have marked the deaths as "suspicious" and a homicide - but not murder. The newspaper said the pair were found hanging from a railing near their basement pool.

But press reports have put the Shermans' family at odds with the police. They said their parents "shared an enthusiasm for life" and urged investigators to conduct a "thorough, intensive and objective" investigation.

"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". Honey Sherman, who was set to leave Monday, sent out emails to friends last Monday asking for dates to golf and have dinner with the couple while they were there.

It was signed: "Looking forward to hearing back asap. xoxo Honey".

Barry Sherman's business made him enemies as well as profits.

Since Sherman's death, there has been an increased focus on his political lobbying.

Since January, Canada's federal lobbying commissioner has been investigating whether the fundraiser violated government rules, which say lobbyists can not lobby officials they helped get elected.

The billionaire held a fundraiser for Justin Trudeau in August 2015, shortly before the Liberals won the election, an event that was later reportedly investigated by the country's lobbying watchdog.

Barry Sherman founded the Canadian pharmaceutical giant Apotex, a generic drug maker with annual sales of more than $1 billion. In May, the billionaire called the probe an "unanchored fishing expedition" pursued in "bad faith", Canadian news site iPolitics reported.

Their deaths prompted global media attention and tributes from business leaders, Prime Minister Justin Trudeau, Ontario Health Minister Eric Hoskins and Toronto Mayor John Tory.



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