Episode Transcript
Transcripts are displayed as originally observed. Some content, including advertisements may have changed.
Use Ctrl + F to search
0:20
From aspirin to drugs that
0:22
combat life -threatening diseases, pharmaceuticals
0:25
are a part of daily life for
0:27
most of us. In
0:29
2023, pharmaceutical companies made
0:31
$1 .6 trillion here in
0:33
the US, according to
0:35
Statistica. And Canadian
0:37
pharmaceutical companies made $41
0:39
billion. While Canada
0:41
does have far less citizens, there
0:44
are also other reasons for that
0:46
large price difference. Canada has
0:48
systems for controlling prices. like
0:50
the Patented Medicine Prices Review Board,
0:53
and even though they do recognize patents,
0:56
there are conditions where they will allow
0:58
generics to be created before those
1:00
patents have expired. Of
1:02
course, this isn't something that Big
1:04
Pharma really likes. A
1:06
whopping three fourths of all drugs
1:08
dispensed in Canada are generics,
1:10
and sometimes you have US citizens
1:12
traveling there to buy those
1:15
drugs and bring them home. Toronto
1:17
is a big hub of the
1:19
Canadian pharmaceutical industry. From
1:21
research and development to
1:24
investing and manufacturing, this
1:26
industry attracts a strong pull of
1:28
talent to this highly competitive field
1:30
and everyone in it takes their
1:32
job very seriously. But
1:34
would an industry so focused on
1:36
health also have a dark underbelly,
1:38
one that could even lead to
1:40
murder? That's something that
1:42
one has to wonder when you
1:44
learn about the seriously mysterious case
1:46
of Barry and Honey Sherman. Bernard
1:50
Charles Sherman didn't seem to start
1:52
as a man destined for greatness.
1:54
As an adolescent, the young
1:56
Canadian described himself as lethargic,
1:59
physically awkward, and introverted. He
2:01
had few friends and just kept to
2:03
himself. He also suffered a devastating
2:05
loss when his father would die of a
2:07
heart attack when Barry was only 10 years
2:09
old. He didn't do very well in
2:11
school either. That is, until
2:13
he realized just how much he
2:16
loved math and science, and
2:18
he found that he was extremely talented at physics.
2:21
This was the catalyst that would turn his life
2:23
around. Once he graduated
2:25
from high school, he went on to
2:27
attend the University of Toronto and graduated
2:29
in 1964 with the highest honors in
2:31
his class. His thesis also
2:33
won him the University's Governor
2:35
General's Award. Good grades and
2:37
a keen mind led him to a
2:40
summer's work at NASA, which was soon
2:42
followed by a move to Boston, Massachusetts
2:44
in the United States. There
2:46
he attended the Massachusetts Institute
2:48
of Technology, or MIT. He
2:51
graduated in 1967 with a
2:53
perfect 5 .0 grade point average
2:55
and a PhD in astrophysics.
2:58
When he wasn't in school, Barry
3:00
filled his summers working for
3:02
various companies, one of which was
3:04
his uncle Lou's pharmaceutical company.
3:06
Empire Labs Empire Labs specialized in
3:08
making generic drugs. In a
3:10
memoir that he wrote that was
3:12
never officially published, Barry said, Although
3:15
I did not know it at the
3:17
time, these summers at Empire Laboratories would
3:19
later prove to be of critical importance
3:22
to my future career. He
3:24
knew that he didn't want to simply
3:26
work as an engineer. He had much
3:28
larger aspirations. When his
3:30
uncle Lou died in 1965 with
3:32
his wife following just a few
3:34
weeks later, Barry and a high
3:36
school friend named Joel Ulster bought
3:38
Empire Labs. However, Uncle
3:40
Lou also had four young children, and
3:43
there was one condition that Barry was to
3:45
abide by. When Uncle Lou's
3:47
sons reached 21 years of age, they
3:49
would be given the opportunity to work
3:51
for the company, and after two years
3:53
they could buy 5 % stakes in Empire.
3:56
There were also some royalties from four of
3:58
their products that the boys were to receive. It
4:01
seems that Barry's life was on
4:03
a path, and one that could
4:05
be extremely lucrative. In
4:07
the early 1970s, he was introduced to
4:09
a young candy striper at Mount
4:11
Sinai Hospital in Toronto. Her
4:13
name was Anna Debra Reich,
4:16
or Honey, as she was known to friends
4:18
and family. The two married
4:20
on July 2, 1971, at
4:22
the York County Courthouse, and went
4:24
on to have four children
4:26
of their own, Lauren, Jonathan, Alexandra,
4:28
and Kailin. Honey's parents
4:30
were both Holocaust survivors, with Honey
4:32
herself being born in a
4:35
displaced persons camp in Austria back
4:37
in 1947. This
4:39
part of Honey's heritage touched Barry. Through
4:42
the years, Barry and Honey Sherman
4:44
became donors and supporters of many
4:46
organizations. Over the course
4:48
of their lives, the Shermans would
4:50
give tens of millions of dollars
4:52
to numerous healthcare organizations, education
4:54
centers, political figures,
4:56
and, particularly, Holocaust
4:59
Remembrance Organizations. Her
5:01
work is still known and appreciated to this
5:03
very day. She was a
5:05
go -getter and very headstrong. Some
5:07
even labeled her as difficult to
5:10
deal with. It was honey's
5:12
way or no way. At
5:14
the end of 1972, Empire was bringing
5:16
in just under $2 million a year. The
5:19
next summer, Barry and his friend
5:21
Ulster sold Empire for $2 million.
5:24
Now, Barry could realize his next
5:26
big dream. having his own
5:28
pharmaceutical company. He named his
5:30
new business Apotex and built it
5:32
from the ground up. By
5:34
the time Barry was done, Apotex
5:36
was one of Canada's top generic pharmaceutical
5:38
companies. In every Canadian home,
5:40
one out of five prescriptions were
5:42
from the Apotex generic drug catalog.
5:45
Their first big hit was the generic
5:47
version of a drug called AZT, one
5:49
of the earlier treatments for HIV. They
5:52
were also one of the first to develop
5:54
a generic version of Prozac. At
5:56
its height, Apotex had a net
5:58
worth of $3 .6 billion. By
6:02
the 2000s, the Shermans led a
6:04
life full of charity events and
6:06
positions in civic councils. Everyone
6:08
who was anyone knew Barry and Honey
6:10
Sherman. His work was his life,
6:12
and Barry took it with him on vacations. He
6:15
rarely made it to any of
6:17
his children's extracurricular activities. Honey
6:19
would take her sister, Mary Schechtman,
6:22
and her sister's family on trips
6:24
and vacations. One of their
6:26
happiest places to go was a condo in
6:28
Miami, and of course, trips to
6:30
Disney World. Barry and Honey
6:32
would also give her sister family loans,
6:35
and because of those loans,
6:37
their finances became somewhat entangled. Mary's
6:39
husband, Alan, also ran several businesses,
6:41
some of which were for Barry,
6:44
but in the end, none of those businesses
6:46
really worked out. Alan was
6:48
left owing $32 million in
6:50
loans. Mary tried to do
6:53
her part working for the Shermans as
6:55
well. She was paid to decorate homes and
6:57
they lent her money to buy different
6:59
properties both in Canada and the US. Some
7:02
of Barry and Honey's children
7:04
were in the same boat. Barry
7:06
loaned his son Jonathan $125
7:08
million to build a self -storage
7:10
business and a marina. If
7:12
you were Barry's child and you asked
7:14
for something, you generally got it. Honey
7:17
wanted the children to be more
7:19
independent but Barry still continued to lend
7:21
money to the children and the
7:23
Shekmans as well as their children. Mary
7:26
and Honey were afraid that their children would
7:28
be totally dependent on Barry. Mary
7:30
constantly scolded her children about it and
7:32
was especially upset with her son Noah.
7:35
She became enraged and threatened to remove Noah
7:37
from a trust that the Shermans had
7:39
set up for the family. This
7:42
infighting, eventually ruined Mary's relationship
7:44
with Noah and after removing
7:46
him as beneficiary from her
7:48
real estate portfolio, the
7:51
two quit talking. Barry
7:53
did all of this while showing little of
7:55
his wealth to the public. He worked
7:57
all the time, never missing a day, but
7:59
he was still driving his old Ford
8:01
Mustang, and he tended to wear tattered
8:03
older clothing. For his fiftieth
8:05
birthday, honey bought him a Mercedes. Even
8:08
though it was used, Barry became
8:10
agitated and made Honey return it.
8:13
He hated to waste money. and even though
8:15
he had it in abundance, he
8:17
didn't want to see a penny slip through his fingers. Barry's
8:20
business also kept him very active
8:22
in Canadian courts. Creating
8:24
generics and working against big pharmaceutical
8:26
companies was always bringing about
8:28
some kind of lawsuit and Barry
8:31
loved to sue people as
8:33
well. He had more lawsuits than
8:35
any one person could keep up with
8:37
and he wasn't afraid to drag anyone into
8:39
court. He made many
8:41
enemies and even wondered if someone
8:43
would eventually just prefer to
8:45
have him killed over constantly fighting
8:47
him in court. After
9:01
Uncle Lu and his wife died
9:03
so many years previously, their
9:05
four sons were adopted by other
9:07
people. One of his sons,
9:09
Carrie Winter, was adopted by
9:11
a family whose father was particularly
9:13
abusive, and at an early age,
9:15
Carrie ran away from home. This
9:18
led to encounters with the police and
9:20
a drug addiction that he would struggle with
9:22
for decades. At first,
9:24
Barry tried to help Carrie. When
9:26
the young man was in his 20s, Barry
9:29
paid for rehab and helped support his renovation
9:31
business. Sadly, money
9:33
can turn a lot of people sideways
9:35
and create a lot of tension in
9:37
families. Kerry and his brothers
9:39
eventually found what they considered proof that
9:41
Barry had cheated them out of a
9:43
lot of money and cheated them out
9:45
of their father's business. Remember, when
9:47
Barry bought Empire Labs, there was a
9:49
clause that would give the boys an option
9:51
for 5 % of the drug company when
9:53
they came of age. Unfortunately,
9:56
by the time they came of age, Barry
9:58
had sold the company. In
10:00
2007, the children
10:02
sued Barry, seeking 20 % of
10:04
his interest in apotex. Barry
10:06
countered saying that he had offered to help
10:08
the four boys with millions of dollars. The
10:11
boys alleged that this was only a
10:13
tactic to make them dependent on Barry and
10:15
would also keep their hands off of
10:17
the business. After 10 years
10:19
of litigation, in 2017, the
10:22
Ontario Superior Court ruled against
10:24
the boys and ordered them
10:26
to pay $300 ,000 in
10:28
legal costs back to Barry. To
10:31
say that this left bad blood
10:33
between the family members would be a
10:35
vast understatement. In the winter
10:37
of 2017, Barry and Honey decided to sell
10:39
the home that they had lived in
10:41
for nearly 30 years. The
10:44
house at 50 Old Colony Road
10:46
in Toronto was lovely. Honey
10:48
listed it for sale at
10:50
$6 .9 million Canadian dollars, about
10:52
$5 million US. At
10:54
this time, the Shermans were worth
10:56
somewhere between $5 and $10 billion. While
10:59
selling the house, they were also
11:01
building a $25 million dollar mansion in
11:03
one of Toronto's most exclusive neighborhoods
11:05
called Forest Hill. They also
11:08
had plans to take a vacation in Miami. Honey
11:10
would leave first and then Barry was to
11:12
follow a week later. On
11:14
the afternoon of December 13th, Barry and
11:16
Honey met a builder at the
11:18
Apatex offices to discuss designs for the
11:20
new home. Afterwards, the two
11:23
returned to 50 Old Colony Road
11:25
where Barry sent his nightly email to
11:27
his team at work. At 6 .21
11:29
pm, Honey made a phone call,
11:31
speaking briefly with a friend. No
11:33
one heard anything else from Barry or
11:35
Honey. The following day, Barry
11:38
missed work, something that he would never
11:40
do. On Friday, December
11:42
15th, the Sherman's gardener and housekeeper came
11:44
to work and noticed that the alarm
11:46
system for the house was turned
11:48
off. They didn't see Barry
11:50
or Honey. Shortly after, the real
11:52
estate agent who was handling the sale of
11:54
the Sherman home came by with a couple
11:56
who were interested in the property. As
11:59
the group entered, the real estate agent
12:01
found Barry's gloves and the house inspection paperwork
12:03
he had brought home with him near
12:05
the door between the basement and the garage.
12:08
Feeling confident that the couple were at
12:10
home, the real estate agent and potential
12:12
buyers looked at the main level and
12:14
then headed downstairs to view the lap
12:16
pool and hot tub area. When
12:18
they walked into the indoor pool
12:20
area from a distance, they could see
12:22
Honey and Barry Sherman. The
12:24
real estate agent initially thought that the
12:27
two were doing yoga, but that quickly
12:29
changed. Upon closer inspection, she could
12:31
see that the 75 -year -old Barry
12:33
Sherman had been strapped to the railing
12:35
of the pool with a men's
12:37
leather belt, leaving him in a seated
12:39
position. 70 -year -old Honey was
12:41
on her side with a bruise on her
12:43
face. Their coats had been
12:45
pulled down and used to restrain their
12:47
arms. Neither appeared to be
12:49
breathing. When police and
12:51
paramedics arrived, they found that the Shermans
12:53
had indeed passed away and rigor mortis
12:55
was already setting in. Strangely,
12:57
police would find a sculpture in
13:00
the basement area that matched Barry and
13:02
Honey's positions at death. Barry
13:04
even had one leg crossed over the other,
13:06
just as one of the statues had. There
13:09
was no forced entry into the home
13:11
discovered, but the Shermans were known for leaving
13:13
their windows and doors unlocked. The
13:15
real estate agent was able to confirm with
13:17
police that a window and door in the
13:19
basement had been left open as well. Honey's
13:22
phone was found in a bathroom that she
13:24
didn't use very often, leading police to believe
13:26
that she may have hid there while trying
13:28
to evade her attacker. The
13:30
original post -mortem examination concluded that
13:33
both died of ligature net
13:35
compression, and with Honey being the
13:37
only one to have additional injuries to her face,
13:39
police initially considered that Barry had murdered
13:42
Honey. and then taken his own
13:44
life in a murder suicide. That
13:46
assumption was let loose in the press,
13:49
and Barry and Honey's families were outraged
13:51
at the accusation. Unimpressed
13:53
with what police had turned up so
13:55
far, the Sherman children immediately hired their
13:57
own investigative team to find out the
13:59
truth of their parents' deaths. Brian
14:01
Greenspan, one of Canada's leading attorneys, was
14:03
the head of this team. He
14:06
stated that the family had
14:08
been understandably outraged by the unfounded
14:10
police statement which they believe
14:12
from the outset had jeopardized and
14:14
indeed compromised the integrity of
14:16
the investigation. This assumption
14:19
created a situation where the
14:21
crime scene wasn't fully processed for
14:23
a homicide. The private
14:25
investigators found that the Toronto Police
14:27
did not complete a standard protocol
14:29
for fingerprint elimination and that they
14:31
also missed at least 20 fingerprint
14:33
or palm impressions that the private
14:35
team discovered. The autopsy would
14:37
confirm the ligature net compression being the
14:39
cause of death, but also found that there
14:41
were marks on both of their wrists
14:44
that suggested they had both been tied up
14:46
with zip ties prior to their deaths. The
14:49
time of death was estimated to be around
14:51
36 hours before the bodies were found, and
14:54
with that, six weeks later,
14:56
police investigators finally determined that
14:58
the Shermans had died by
15:00
homicide. That's six
15:02
weeks of no potential suspects
15:04
being looked into. and
15:06
no leads being tracked down. Many
15:09
different companies that Barry was involved in
15:11
lawsuits with were looked into, but no
15:13
solid leads panned out of that. Before
15:16
their deaths, a federal lobbying commissioner
15:18
had started to investigate Barry over
15:20
fundraising events that he had held
15:23
for Prime Minister Justin Trudeau. No
15:25
connection to the murders was found there either. When
15:28
Barry's family was looked into and questioned, a
15:31
disturbing report was given to
15:33
them involving Kerry Winter. Kerry
15:35
had reportedly fantasized about
15:37
killing Barry for years. and
16:05
I would just decapitate him. I
16:07
wanted to roll his head down the parking
16:09
lot and I just sit there waiting for the
16:11
police. Despite his
16:13
murderous fantasies, Cary denied having anything
16:16
to do with the Sherman's
16:18
deaths. He in turn told
16:20
police that Barry had once tried to have a
16:22
hit taken out on Honey. He claimed
16:24
that Barry had actually called him and asked
16:26
him to set up the murder. He
16:28
said that eventually the plan was called
16:30
off But for him, it only gave
16:32
more credence to the theory that Barry
16:34
had killed Honey and then himself, despite
16:36
the autopsy's findings. When
16:38
he was asked to take a lie detector test to
16:40
prove the truth of these claims, he volunteered
16:43
to take one, and then he
16:45
failed it. After that,
16:47
on advice of his attorney, Kerry Winner
16:49
refused to take another lie detector test.
16:52
It was also considered that Honey's sister and
16:54
her family could be behind the murders.
16:56
At the time of Barry and Honey's deaths,
16:58
they had been essentially cut off and
17:01
were no longer receiving money from them. Some
17:03
wondered if this could have angered them
17:05
enough that they killed their one -time
17:07
benefactors. But again, no solid connection
17:09
could be made and no charges would
17:11
come of it. The
17:13
case remained open and four years
17:16
after the initial investigation police released
17:18
a video of a person who
17:20
could potentially be the Sherman's murderer. A
17:22
CCTV camera captured a man on the day
17:24
of the murders outside of the home for
17:27
a lengthy amount of time. Investigators
17:29
pointed out that the figure in the
17:31
video walked with an unusual gait. The
17:33
person's face cannot be seen,
17:35
and they've never been identified. They
17:38
were described as wearing a hat,
17:40
kicking up their right boot with each
17:42
step, and appeared to be between
17:45
5 '6 and 5 '9 inches tall. Today,
17:49
the murder of Barry and Honey Sherman still
17:51
remains a mystery. The investigation
17:53
is still open and ongoing. If
17:55
you have any information
17:58
regarding this case, please
18:00
contact Toronto Police's Homicide
18:02
Division at 416 -808 -7400
18:04
or you can email
18:06
them at homicide at
18:08
torontoplice .on .ca. If
18:10
you need to remain anonymous for
18:12
any reason, you can also call
18:14
416 -222 -TIPS. That's
18:17
416 -222 -8477.
18:20
The Sherman Home at 50 Old
18:22
Colony Road. was demolished in
18:24
2019, the land sold by the
18:26
Sherman children the following year. Despite
18:29
the children's efforts to honor their
18:31
parents by continuing to help many charitable
18:33
organizations, they are
18:35
now being sued by two of
18:37
Mary's children. As someone
18:39
once said, greed is
18:41
not a financial issue, it's
18:43
a heart issue. Do
18:46
you have any insights or even a
18:48
case you'd like to suggest? Feel free to
18:50
send it to me. You'll find a
18:52
comment form and case submission link at lordanarts
18:54
.com, or you can follow and
18:56
message me on x at lordanarts. Thank
18:59
you, townandcountrymag .com,
19:01
bloomberg .com, all things
19:03
interesting, cbc, cbsnews,
19:05
encyclopedia .ushmm .org, statistica
19:07
.com, ibisworld .com, tps
19:09
.ca, the CJN,
19:11
financialpost .com, and Wikipedia
19:14
for information contributing
19:16
to today's story.
19:18
This episode was written by Kristi
19:20
Arnhart, edited by John Lorden, and
19:22
produced by Lordenarts. Thank you
19:25
to our audience here for the
19:27
live recording session hosted on the
19:29
YouTube channel Lordenarts Studio 2, and
19:31
a big thank you to everyone
19:33
that supports Seriously Mysterious over at
19:35
Lordenarts .com. I'm John Lorden. Please join
19:37
us again next week for another
19:39
case I know you'll find seriously
19:41
mysterious.
Podchaser is the ultimate destination for podcast data, search, and discovery. Learn More