A Memphis, Tenn. community was shocked in October 2008 when a member of the local auto club and a vice president at the investment firm Cantor Fitzgerald was found dead in the backseat of her Chevrolet Avalanche.
At first, Tina Caronna’s husband of 15 years, Joe Caronna, claimed it was a carjacking gone wrong. But police didn’t buy that, as Tina’s body was found partially nude, her hands loosely bound together with duct tape. More telling was that the thousands of dollars worth of jewelry had been left behind—something a thief wouldn’t do.
Caronna, who ran the financial firm Caronna Investments, eventually became the main suspect, especially after authorities discovered his massive financial house of cards. Under the guise of investing, Caronna allegedly swindled his clients, including Tina, their closest friends, and even a long-term mistress, out of millions, according to authorities.
Suspecting Caronna killed his wife to keep his fraud a secret, police attempted to arrest him, only to find him missing. After a 17-day manhunt, they arrested him in a Jackson, Tenn. hotel in March 2009.
A jury found Caronna guilty in November 2012 and he was automatically sentenced to life with possibility of parole. At the time of the trial, Caronna also had a civil case pending in Tennessee over his alleged insurance fraud, money laundering and other federal charges.