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L.I. Lawyer Who Killed Family Had Financial Troubles

L.I. Lawyer Who Killed Family Had Financial Troubles

Police sources say that William Parente apparently was in financial trouble when he killed his wife and two daughters (before killing himself) in a Maryland hotel room. Papers found in the hotel room indicted that investors wanted their money back from the lawyer's investment scheme. A friend told Newsday that "he took calls from the worried investors, who had given Parente as much as $6 million and as little as $50,000" and the Post suggests Parente may have handled $20 million of investor money. more ›

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