CANADA Canada - Billionaire Couple Barry & Honey Sherman Murdered at Home, Toronto, 15 Dec 2017 #21

[MerlinFalcon]

Too bad KD isn't doing q and a sessions anymore, although maybe he will after the Crave series takes place. I am very curious about who the reward goes through.

 

[dotr]

re-post. rbbm
'' May 24, 2023
The Gripping Four-Part Crave Original True Crime Series, BILLIONAIRE MURDERS, streaming June 16 on Crave.''

 

[Lexiintoronto]

I’m not sure if this is all connected, but I was reading about BS’s Bahamas’ holdings and wondering if it’s connected to the crime and another investigation into offshore tax havens with links to Canadian banks.

In 2017, BS was allegedly going to transfer $500 million to HS and MS claims that HS was going to give her $300-500 million.

Where was BS going to move the money from in order to gift that money? He apparently ‘wasn’t liquid’ in 2017, and had a $580 million judgment against Apotex he needed to pay.

KD said BS had at least $1 billion invested in a Bahamas bank at the time of his death. Bahamas is known for being a tax haven.

In 2016 the CBC broke a story about links between Canadian banks providing services to offshore corporations, some in the Bahamas, that were used as tax shelters.

Three of Canada's big banks provided services to nearly 2,000 offshore corporations since 1990 in the Bahamas, one of the world's premier tax havens, leaked records show. The revelation has elicited concerns from a leading governance expert that they may be inadvertently aiding illicit activities.

There was some hint of links between BS’s possible offshore accounts and and CRA audits in one of KD’s article:

Ten-billion dollars is the estimate of Sherfam holdings, according to insiders, including Apotex, real estate and numerous businesses. Insiders say at least $1 billion is in a Bahamas bank, for example, from some of Barry’s more spectacular deals…
..So interested is the Canada Revenue Agency in Sherfam (an interest insiders say relates to Barry’s use on tax returns of losses and tax credits from his many deals), that it has auditors working out of nearby Sherfam space for several months each year, provided rent free in an apparent spirit of co-operation. Sherman insiders have told the Star that Barry’s business holdings have moved money through both the Bahamas and Panama in years gone by. From time to time, a steel trunk filled with documents is delivered by Sherfam employees to auditors for review. (Asked about this, Sherfam’s Glasenberg told the Star he does not think CRA has a particular interest in the companies and “the Sherfam/Apotex group, like every other large company of its size in Canada, is subject to large file case management by the CRA.”)”

Many lined up at the ‘Bank of Barry’ Sherman: Inside the $10 billion succession battle

Sherman daughter says her life is more tragic than a Shakespeare play; Son Jonathon says of his sudden wealth, at some point it is just ‘extra zeros.’

www.thestar.com

KD has also reported that BS would create numbered companies for apparent income tax purposes and add on names of directors.

One of the Canadian banks involved in the tax-shelter scheme has now been ordered to reveal the real owners of the corporations linked to the offshore accounts—so basically asked to name possible tax cheats.

“Royal Bank of Canada has been ordered to divulge the real owners of 97 offshore corporations that used its services, but a critic is wondering why it's taken the Canada Revenue Agency six years to acquire a fount of information that could help detect tax cheats.

The companies involved are all registered in the Bahamas, a tax haven, and originally came to light as part of a leak of financial records called Bahamas Leaks.

In submissions to the Federal Court of Canada, the CRA says most of the companies used tactics to "obfuscate the identities of the persons who truly control and beneficially own these entities," and it wants to check whether the real owners are Canadians hiding money in tax havens.”

https://www.cbc.ca/amp/1.6533070

The TPS has been trying for years to obtain information that is possibly linked to the Sherman murders from a foreign country.

I noticed it has taken six years for the Royal Bank to be ordered to divulge the real clients behind the offshore banks.

I don’t know if the issues are related.

In 2016 the CBC breaks a story about uncovering tax cheats using offshore accounts and Canadian banks—>in 2017 Barry allegedly was going to gift HS $500 million, and MS said she was expecting to receive $300-500 million—>Shermans are murdered and KD reports BS was officially worth about $4 billion, but his sources say he was worth about $10 billion, with some of the wealth held in offshore tax haven countries—>the TPS have been trying for years to obtain information linked to the murders from a foreign country. KD believes it’s either property or money that was given to the killer(s) after the murders.

 

[Sillybilly]

Sorry to veer OT folks, but Tricia is asking for our help to find "The Human Fly". Please read her post:

Help us find "The Human Fly". This is Websleuths' chance to show law enforcement what we can do!!!

Hey Everyone, We need your help. We have been asked to help a documentary company find a man who is known only as "The Human Fly. If anyone can find this person I know it is our Websleuths members. He is from Canada. What we will do is when someone comes up with good information we will do a...

www.websleuths.com

 

[dotr]

I’m not sure if this is all connected, but I was reading about BS’s Bahamas’ holdings and wondering if it’s connected to the crime and another investigation into offshore tax havens with links to Canadian banks.

In 2017, BS was allegedly going to transfer $500 million to HS and MS claims that HS was going to give her $300-500 million.

Where was BS going to move the money from in order to gift that money? He apparently ‘wasn’t liquid’ in 2017, and had a $580 million judgment against Apotex he needed to pay.

KD said BS had at least $1 billion invested in a Bahamas bank at the time of his death. Bahamas is known for being a tax haven.

In 2016 the CBC broke a story about links between Canadian banks providing services to offshore corporations, some in the Bahamas, that were used as tax shelters.

Three of Canada's big banks provided services to nearly 2,000 offshore corporations since 1990 in the Bahamas, one of the world's premier tax havens, leaked records show. The revelation has elicited concerns from a leading governance expert that they may be inadvertently aiding illicit activities.

There was some hint of links between BS’s possible offshore accounts and and CRA audits in one of KD’s article:


KD has also reported that BS would create numbered companies for apparent income tax purposes and add on names of directors.

One of the Canadian banks involved in the tax-shelter scheme has now been ordered to reveal the real owners of the corporations linked to the offshore accounts—so basically asked to name possible tax cheats.



The TPS has been trying for years to obtain information that is possibly linked to the Sherman murders from a foreign country.

I noticed it has taken six years for the Royal Bank to be ordered to divulge the real clients behind the offshore banks.

I don’t know if the issues are related.

In 2016 the CBC breaks a story about uncovering tax cheats using offshore accounts and Canadian banks—>in 2017 Barry allegedly was going to gift HS $500 million, and MS said she was expecting to receive $300-500 million—>Shermans are murdered and KD reports BS was officially worth about $4 billion, but his sources say he was worth about $10 billion, with some of the wealth held in offshore tax haven countries—>the TPS have been trying for years to obtain information linked to the murders from a foreign country. KD believes it’s either property or money that was given to the killer(s) after the murders.

rbbm.

Canada is the world’s newest tax haven | Toronto Star

Canada is emerging as a popular tax haven for the global elite, who create shell companies to evade taxes.

projects.thestar.com

Part 1

SNOW WASHING​

Canada is the world’s newest tax haven​

By Robert Cribb and Marco Chown Oved
''January 25, 2017
Canada is quietly emerging as a popular tax haven for the global elite, who create shell companies with figurehead directors to evade or avoid taxes, a Toronto Star/CBC-Radio Canada investigation has found.
“Canada is a good place to create tax planning structures to minimize taxes like interest, dividends, capital gains, retirement income and rental income,” reads a 2010 internal memo from Mossack Fonseca, the law firm behind the massive Panama Papers leak of 11.5 million documents detailing global tax avoidance and evasion.
It’s called “snow washing” — using Canada’s prudent reputation and solid economy to make suspect transactions seem legitimate. A sprawling international tax avoidance industry is increasingly touting Canada as a jurisdiction for hiding wealth.
And the Canadian government has made it easier than ever for criminals and tax cheats to move money in and out by signing tax agreements with 115 countries — the greatest number in the world.
Another key reason is that Canada’s corporate registration systems — federally and provincially — are shrouded in the same kind of secrecy that exists in tax havens such as the British Virgin Islands, Panama and the Bahamas.''

 

[taylorss]

re-post. rbbm
'' May 24, 2023
The Gripping Four-Part Crave Original True Crime Series, BILLIONAIRE MURDERS, streaming June 16 on Crave.''

It’s interesting to be following this as it unfolds
Moo

 

[MerlinFalcon]

It’s interesting to be following this as it unfolds
Moo

I like that we'll be able to see people, not just hear their voices or read quotes from them.

 

[50OCNightwalker]

Howdy folks!

Long time reader, first time poster.

<modsnip: Ridiculing input by others is not allowed> Nothing from forensics would suggest female over male. The aggression, violence, and tall order of the crime obviously tilts towards male. And the NW, likely the muscle, was male...

As to whether a female was present - we do not even know if anyone else was present (whether TPS has footprint evidence in the snow or other video) or if the offences themselves were done by a one man show.

<modsnip -if you have comments about moderation, hit report on any post to contact administration>

Strange how the housekeeper and personal trainer stated to TPS that Friday had been the first time in years that the alarm was deactivated upon their entry. Why has there been no public focus on the alarm system question? Was it armed when she arrived?

 

[Lexiintoronto]

Howdy folks!

<modsnip - if you have comments about moderation, hit report on any post to contact administration>

Strange how the housekeeper and personal trainer stated to TPS that Friday had been the first time in years that the alarm was deactivated upon their entry. Why has there been no public focus on the alarm system question? Was it armed when she arrived?

<modsnip - quoted post was snipped>

We don’t know if the alarm was armed when HS arrived home on Wednesday evening, but it seems likely. We’ve discussed the alarm system, but I think it was a while back. The theory is that Honey disarmed the alarm upon arrival and then was attacked at some point after that. Barry seems to have been attacked or confronted when he first arrived home, so no opportunity for them to set the alarm again.

 

[MerlinFalcon]

Howdy folks!
<modsnip - if you have comments about moderation, hit report on any post to contact administration>

Strange how the housekeeper and personal trainer stated to TPS that Friday had been the first time in years that the alarm was deactivated upon their entry. Why has there been no public focus on the alarm system question? Was it armed when she arrived?

We don't know much about that situation. They did have someone from the alarm company come out after the bodies were found.

What baffles me is that these people stayed in the house after the bodies were found. If I had found 2 dead bodies in a house I would have grabbed my coat and gotten the hell out and waited for the cops. The realtor told the cops "someone had killed my clients" and yet they a) didn't call the cops immediately and b) stayed inside with the housekeeper cleaning. I get that people react differently but this all seemed so bizarre.

 

[RHR]

I’m not sure if this is all connected, but I was reading about BS’s Bahamas’ holdings and wondering if it’s connected to the crime and another investigation into offshore tax havens with links to Canadian banks.

In 2017, BS was allegedly going to transfer $500 million to HS and MS claims that HS was going to give her $300-500 million.

Where was BS going to move the money from in order to gift that money? He apparently ‘wasn’t liquid’ in 2017, and had a $580 million judgment against Apotex he needed to pay.

KD said BS had at least $1 billion invested in a Bahamas bank at the time of his death. Bahamas is known for being a tax haven.

In 2016 the CBC broke a story about links between Canadian banks providing services to offshore corporations, some in the Bahamas, that were used as tax shelters.

Three of Canada's big banks provided services to nearly 2,000 offshore corporations since 1990 in the Bahamas, one of the world's premier tax havens, leaked records show. The revelation has elicited concerns from a leading governance expert that they may be inadvertently aiding illicit activities.

There was some hint of links between BS’s possible offshore accounts and and CRA audits in one of KD’s article:


KD has also reported that BS would create numbered companies for apparent income tax purposes and add on names of directors.

One of the Canadian banks involved in the tax-shelter scheme has now been ordered to reveal the real owners of the corporations linked to the offshore accounts—so basically asked to name possible tax cheats.



The TPS has been trying for years to obtain information that is possibly linked to the Sherman murders from a foreign country.

I noticed it has taken six years for the Royal Bank to be ordered to divulge the real clients behind the offshore banks.

I don’t know if the issues are related.

In 2016 the CBC breaks a story about uncovering tax cheats using offshore accounts and Canadian banks—>in 2017 Barry allegedly was going to gift HS $500 million, and MS said she was expecting to receive $300-500 million—>Shermans are murdered and KD reports BS was officially worth about $4 billion, but his sources say he was worth about $10 billion, with some of the wealth held in offshore tax haven countries—>the TPS have been trying for years to obtain information linked to the murders from a foreign country. KD believes it’s either property or money that was given to the killer(s) after the murder

Howdy folks!

<modsnip - if you have comments about moderation, hit report on any post to contact administration>

Strange how the housekeeper and personal trainer stated to TPS that Friday had been the first time in years that the alarm was deactivated upon their entry. Why has there been no public focus on the alarm system question? Was it armed when she arrived?

I think HS turned off the alarm when she came home. The murderers didn't bother to put it on when they left.
They didn't care.

 

[ldlager]

I think HS turned off the alarm when she came home. The murderers didn't bother to put it on when they left.
They didn't care.

Or perhaps they didn’t know the alarm code?
Do you need the alarm code to set an alarm When you leave the house? If so, if the murderers had set the alarm that would perhaps 8ndicate to LE that they were potentially close enough to the Sherman’s to actually know the alarm code. MOO

 

[dotr]

Looking at the photo below, the blue in the background and even the slogan, in retrospect seems like an eerie foreshadowing of the-pool scene.
Even BS telling the architects that he 'probably only had 10 more years to live, when at that point it was less than 10 hours.
All strange and tragic, imo, speculation, fwiw.
December 16, 2019

A timeline of key events in the murders of Barry and Honey Sherman

On Monday, Toronto police announced that the private investigation into the murders of billionaires Honey and Barry Sherman had concluded. The police investigation, however, is ongoing and investigators are appealing to the public for more information as the two year anniversary of the tragedy...

toronto.ctvnews.ca

''According to the Star’s research, it appears likely Honey (who may have stopped to do some Hanukkah shopping) was home by 8 p.m., and Barry by 9 p.m''.

Did someone know Barry and Honey Sherman’s schedule? Close friends were away and they had nothing planned

On the third anniversary of the murders, the Star’s ongoing investigation takes a hard look at the timeline information, including documents released by a Toronto judge last week.

www.thestar.com

rbbm.

https://www.cbc.ca/radio/podcastnews/the-no-good-terribly-kind-wonderful-lives-and-tragic-deaths-of-barry-and-honey-sherman-ep-5-transcript-1.6793337

''One of the builders police interviewed said that Barry made a comment that he didn't want to move and that it was a source of tension for the couple. He says that Barry wondered out loud why Honey wanted to build such a big house when he probably only had ten years left to live.''

 

[Window21]

So I am assuming the Shermans "normal" habit would be to set the alarm as soon as both were in the house for the night or set the alarm just before going to bed. Otherwise, finding the alarm NOT set upon entering the home that morning was highly unusual.

 

[Window21]

I often wonder how freely they gave out the alarm password? The housekeeper must have had the code, did the fitness instructor, gardener and friends and family all have the code? Kinda defeats the point of a security system if everyone knew the code!

 

[MerlinFalcon]

I often wonder how freely they gave out the alarm password? The housekeeper must have had the code, did the fitness instructor, gardener and friends and family all have the code? Kinda defeats the point of a security system if everyone knew the code!

Likely a ton of people did. It really only protected them against strangers.

 

[FromGermany1]

Looking at the photo below, the blue in the background and even the slogan, in retrospect seems like an eerie foreshadowing of the-pool scene.
Even BS telling the architects that he 'probably only had 10 more years to live, when at that point it was less than 10 hours.
All strange and tragic, imo, speculation, fwiw.
December 16, 2019

A timeline of key events in the murders of Barry and Honey Sherman

On Monday, Toronto police announced that the private investigation into the murders of billionaires Honey and Barry Sherman had concluded. The police investigation, however, is ongoing and investigators are appealing to the public for more information as the two year anniversary of the tragedy...

toronto.ctvnews.ca

View attachment 426017

''According to the Star’s research, it appears likely Honey (who may have stopped to do some Hanukkah shopping) was home by 8 p.m., and Barry by 9 p.m''.

Did someone know Barry and Honey Sherman’s schedule? Close friends were away and they had nothing planned

On the third anniversary of the murders, the Star’s ongoing investigation takes a hard look at the timeline information, including documents released by a Toronto judge last week.

www.thestar.com

rbbm.

https://www.cbc.ca/radio/podcastnews/the-no-good-terribly-kind-wonderful-lives-and-tragic-deaths-of-barry-and-honey-sherman-ep-5-transcript-1.6793337

''One of the builders police interviewed said that Barry made a comment that he didn't want to move and that it was a source of tension for the couple. He says that Barry wondered out loud why Honey wanted to build such a big house when he probably only had ten years left to live.''

I would be interested to know, what came first: the gift of millions of $ from BS to HS and then Honey's plan, to build an oversized mansion to her liking (and in her name only) or the other way round?

JS could have stumbled over the contradiction, that his mother was going to receive a giant $-gift, while he should be forced to repay millions of $. IMO, he won't have liked it, just as little as the "loans" to FDA and consorts.

 

[FPoulet]

I would be interested to know, what came first: the gift of millions of $ from BS to HS and then Honey's plan, to build an oversized mansion to her liking (and in her name only) or the other way round?

JS could have stumbled over the contradiction, that his mother was going to receive a giant $-gift, while he should be forced to repay millions of $. IMO, he won't have liked it, just as little as the "loans" to FDA and consorts.

I’ve had the same thought-- that with the house, the gift to Honey, possibly even Honey’s gift to MS, JS may have felt he was the only one facing “austerity measures”.

IMO, he and AP did not intend to take up mortgages or repay Barry/Sherfam. He had not taken substantive steps to obtain mortgages. In interviews after, he’s made it clear that there was nothing in his arrangements with Barry that obligated him to do so (what we want, when we want, etc.) He and AP even obtained another $6m+ — it seems by representing that they needed that pending the mortgages, mortgages I don’t think they intended to get.

Obtaining those mortgages would be a whole process. IMO they would need commercial appraisals which could take time and cost $. Query whether the properties’ value could even support those mortgages. Was there enough equity in the properties to obtain mortgages of the amount Barry sought?

I’ve always been curious about an accounting of all of the monies advanced to JS/AP. Where did it go? Did it really mainly go into JS/AP real property—whether storage, marina or cottage(s)? Or was it being separately spent/invested by JS and AP?

Regardless, I don’t think they wanted to return it, intended to return it, and possibly even were able to return it. MOO, speculation.

 

[Lexiintoronto]

rbbm.

Canada is the world’s newest tax haven | Toronto Star

Canada is emerging as a popular tax haven for the global elite, who create shell companies to evade taxes.

projects.thestar.com

Part 1

SNOW WASHING​

Canada is the world’s newest tax haven​

By Robert Cribb and Marco Chown Oved
''January 25, 2017
Canada is quietly emerging as a popular tax haven for the global elite, who create shell companies with figurehead directors to evade or avoid taxes, a Toronto Star/CBC-Radio Canada investigation has found.
“Canada is a good place to create tax planning structures to minimize taxes like interest, dividends, capital gains, retirement income and rental income,” reads a 2010 internal memo from Mossack Fonseca, the law firm behind the massive Panama Papers leak of 11.5 million documents detailing global tax avoidance and evasion.
It’s called “snow washing” — using Canada’s prudent reputation and solid economy to make suspect transactions seem legitimate. A sprawling international tax avoidance industry is increasingly touting Canada as a jurisdiction for hiding wealth.
And the Canadian government has made it easier than ever for criminals and tax cheats to move money in and out by signing tax agreements with 115 countries — the greatest number in the world.
Another key reason is that Canada’s corporate registration systems — federally and provincially — are shrouded in the same kind of secrecy that exists in tax havens such as the British Virgin Islands, Panama and the Bahamas.''

If anyone can explain this to me, I’d appreciate it.

KD reported that Barry Barry was worth $4 billion when he died, but his sources told him the true number was about $10 billion because he had money in offshore accounts.

Wouldn’t that six billion be vulnerable? If a shell company is set up with fictitious directors, couldn’t someone who knew about the scheme step in and move the money and take it for themselves?

 

[RHR]

Or perhaps they didn’t know the alarm code?
Do you need the alarm code to set an alarm When you leave the house? If so, if the murderers had set the alarm that would perhaps 8ndicate to LE that they were potentially close enough to the Sherman’s to actually know the alarm code. M

I would be interested to know, what came first: the gift of millions of $ from BS to HS and then Honey's plan, to build an oversized mansion to her liking (and in her name only) or the other way round?

JS could have stumbled over the contradiction, that his mother was going to receive a giant $-gift, while he should be forced to repay millions of $. IMO, he won't have liked it, just as little as the "loans" to FDA and consorts.

From what I understand, they were looking to purchase a house for quite some time.
They purchased a house close to the one that they were starting to build but decided it wasn’t right for what they needed. That was the house that MS was renovating with HS to sell.
Not long after the funeral, JS went to the site and told the contractors that they were employed and the trades were told to stop the work and pack up and leave. He had MS sign over the house to the estate/ he and his three sisters.
The gift of money to HS was talked about in the late summer of 2017.
HS wanted to live close to her daughter, grandchildren and her sister.
As did BS. He just didn’t like change.
The big house wasn’t because HS was fancy or a show off.
She wanted to host charity events and fundraisers at the house.
She was used to attending these type of events at other people’s homes.
HS saying that MS’s kids would be the beneficiaries to the $500 million was precisely because she knew that the Shechtman children would get nothing if left to the four Sherman children.
Barry from what I have heard agreed that’s how HS ‘s money would be distributed upon her death.