The Wealthy Executive Who Shot His Wife and Daughter at Their Estate-Like Home Is Facing Legal Trouble

Before turning a gun on himself, the wealthy executive who killed his wife and teenage daughter at their estate-like home north of New York City before turning it on himself faced legal problems regarding accusations of embezzlement. PEOPLE has learned that Gabriel Management was being sued in Manhattan Supreme Court by property owners whose rent payments weren’t appearing in reports provided to Gabriel Management.

Early Life and Education

Friends say 56-year-old Steven Dym seemed to have everything. On Friday morning, however, the wealthy executive shot his wife Loretta Dym of Club Quarters hotels and Caroline Dym of Sacred Heart Greenwich before turning the gun on himself, according to state police. A housecleaner found their bodies.

William was away attending college in California at this time. They also had connections to Governor Andrew Cuomo’s 2002 campaign by contributing funds through Gabriel Management of apartment buildings in New York; their home in Pound Ridge was listed for sale as well.

Professional Career

Stephen Dym is a registered officiant specializing in designing personalized wedding ceremonies that reflect his clients’ individual personalities and beliefs.

Loretta Dym was vice president for a company providing lodging for business travelers; their daughter Caroline excelled academically at Sacred Heart Greenwich school and won second place at state science competitions. William Dym flew back from Los Angeles university for funeral services.

Last Friday, a housecleaner discovered their bodies. Reportedly, Dym and her husband had been struggling financially; her mother even attacked him with the handle of a hatchet in November 1992.

Personal Life

At first glance, Steven Dym and Loretta led seemingly luxurious lives. He owned the New York-based real estate management firm founded by his father; she worked at Club Quarters Hotels – full-service accommodations for business travelers – where their daughter Caroline played golf team at Sacred Heart Greenwich high school; both families donated funds to New York Gov. Andrew Cuomo as donations.

Dym was facing financial troubles prior to committing his murder-suicide, according to Walsh who represented Gabriel Management in their lawsuit alleging financial and accounting irregularities – including Dym taking $22,000 of clients’ funds himself – including $22,000 that was siphoned off by Dym himself. No information regarding this lawsuit has come to light since Dym and Dym’s killing, while their home for sale at $1.6 million had just hit the market at the time.

Net Worth

Neighbors of the Dym family described them as private individuals who enjoyed a peaceful lifestyle in their upscale New York home. Steven Dym was CEO of Gabriel Management, which his father founded. Loretta Dym was vice president at Club Quarters Hotels; their daughter Caroline Dym was a golf star at high school as well as having placed second at an annual science fair competition.

Police are seeking answers as to why a wealthy couple killed themselves and their daughter with a 12-gauge shotgun at their Pound Ridge home. A house cleaner discovered their bodies. One man, his 50-year-old wife and their 18-year-old daughter all appeared deceased from trauma suffered during the shootings.

Just days prior to his murder-suicide, Dym was brought before state supreme court for a compliance conference related to allegations that he stole $22,000 from one client and refused to turn over financial records. Walsh claims the money has since been repaid but authorities are continuing their investigation as to whether more funds were siphoned off from other accounts.