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Dad Who Killed Greenwich Student Was Accused Of Embezzling Money

The death of Caroline Dym, 18, was ruled a homicide.
The death of Caroline Dym, 18, was ruled a homicide. Photo Credit: Facebook
23 Fox Hill Road in Pound Ridge
23 Fox Hill Road in Pound Ridge Photo Credit: Google Maps street view
Loretta Dym
Loretta Dym Photo Credit: LinkedIn

GREENWICH, Conn. — The man who killed his wife and daughter — a student at Greenwich's Convent of the Sacred Heart — before turning the gun on himself was reportedly facing multiple lawsuits and financial problems.

According to a People Magazine report , real estate executive Steven Dym, 56, was accused of embezzling money from several residential properties he managed before fatally shooting his wife, Loretta, 50, and daughter, Caroline, on Friday morning in their Pound Ridge, N.Y., home.

Caroline Dym, 18, was entering her senior year at Convent of the Sacred Heart in Greenwich, where she was a golf standout.

Steven Dym killed his wife and daughter with single shots to the torso with a 12-gauge shotgun before shooting himself in the head, police said. The Westchester County Medical Examiner’s office officially ruled his death as a suicide on Monday.

Dym had several active civil lawsuits against him, claiming that he had stolen hundreds of thousands of dollars from properties he managed, according to People. He had recently come into financial woes and put the family’s 4,600-square-foot home, valued at more than $1.5 million, on the market.

Dym was the CEO of Gabriel Management in Queens, taking over from his father, who had been president for years. His wife was the vice president for global strategic memberships for Club Quarters Hotels, headquartered in Manhattan. She was also a graduate of the FBI’s Citizens Academy.

A funeral for the family has been scheduled for 11 a.m. Wednesday at St. Patrick’s Church in Bedford, N.Y. There is no wake planned, and interment will be private.

Pound Ridge Police Chief David Ryan noted that there has been a lot of speculation regarding the double murder/suicide, and said the investigation into the motive is ongoing.

“This is a devastating and tragic event for this family and this community,” he said in a statement. “We will continue to work closely with state police to make some determination as to the motive behind this tragedy.

“There has been a good deal of press generated about financial issues and previous discourse, as well as a family history in this home. We deal with facts, not unsubstantiated information.”

Pamela Juan Hayes, head of school at Sacred Heart Greenwich, said, "We are all grieving Caroline’s untimely death and the unexplainable events that led to it. Please pray for Caroline and her family, and keep the Sacred Heart community in your prayers."

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