The Monmouth County prosecutor said Paul Caneiro set his own home ablaze to make it appear that the entire family was targeted.
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A man killed his brother's entire family and set both his own home and their house ablaze as a ruse to make it appear the whole family was targeted by someone else, the Monmouth County prosecutor said Thursday morning.
Paul Caneiro. (Police photo)
At a press conference, formally announcing four counts of first-degree murder against Paul Caneiro, 51, Monmouth County Prosecutor Christopher Gramiccioni said the motive for the killings appeared to be "financial in nature." The charges were earlier presented on NJ.com.
Caneiro, of Ocean Township, now stands accused of fatally shooting Keith Caneiro, 50, and then killing Jennifer Caneiro, 45, and the couple's two children, 8-year-old Sophia and 11-year-old Jesse. He is also charged with weapons offenses.
"We allege that Jennifer was shot and stabbed, and the two Caneiro children were repeatedly stabbed by knife," Gramiccioni told reporters at his office Thursday.
Gramiccioni declined to elaborate as to why investigators believe Paul Caneiro carried out the slayings, but said the motive may be related to businesses the brothers operated in Asbury Park.
A techology business ran by the brothers, Square One, had been struggling financially to stay afloat, according to a law enforcement source.
"We recovered a great deal of evidence, and that evidence is being analyzed as we speak here today," the prosecutor said, cautioning he couldn't comment on the quality or strength of that evidence.
Caneiro is scheduled to have his first court appearance on Friday.
Authorities first responded to a fire on Willow Brook Road in Colts Neck just after noon on Nov. 20. It's there they discovered a blaze tearing through a massive mansion and Caneiro's body on the front lawn with a gunshot wound.
Once the fire was contained, authorities made an even grislier discovery: Caneiro's wife, Jennifer, and their two young children.
Investigators say Keith Caneiro and his wife Jennifer (left) were killed along with their children Jesse (center) and Sophia (right) by Keith's brother Paul, who is also accused of setting fire to the family's Colts Neck home. (Facebook)
In a bizarre twist, Gramiccioni said later that day that authorities had responded a house fire in Ocean Township. That home, on Tilton Drive, was owned by Paul Caneiro and his wife, Susan.
The next day, Paul Caneiro was charged with one count of aggravated arson after police said he set fire to his home with gasoline while his wife and two daughters were inside the house.
Further investigation, the prosecutor said Thursday, indicated Caneiro set his own home ablaze only after killing his brother and in-laws and starting a fire in the basement of the Colts Neck mansion.
Gramiccioni said Paul Caneiro apparently set fire to his own residence both as an attempt to destroy evidence he had brought back from Colts Neck, and as "a ruse" to make it appear the whole Caneiro family had been targeted.
His attorney, Robert Honecker Jr., has maintained his client's innocence and said Paul Caneiro loved his family. Honecker did not return a phone call seeking comment following the press conference.
The brothers were originally from Brooklyn and moved down to Monmouth County where they partnered in a tech business based in Asbury Park. A pesticide business was also operated out of the same Cookman Avenue office.
Keith was the best man at Paul's wedding in 1991, according to a wedding announcement in the Staten Island Advance.
Funeral services for the Caneiro family are planned for Sunday at Holmdel Funeral Home. The Caneiro children who died attended the Conover Road School in Colts Neck.
Jesse, 11, was in fifth grade and also played baseball for the town team, the family obituaries say. Sophia, 8, was a cheerleader and Girl Scout in the third grade.
The killings have rocked the wealthy, tight-knit community of Colts Neck, a rural Monmouth County suburb approximately 50 miles south of New York City and close to the Jersey Shore.
"I'd be lying if I stood here and told you this was easy," Colts Neck Mayor J.P. Bartolomeo said at a candlelight vigil last week. "We lost four really nice people from our community, who I happened to be friends with, who my boys were friends with."
Gramiccioni said this is the "most brutal" crime he's seen he's took over the top law enforcement position in Monmouth County in 2012, and if he could, would try seek the death penalty.
"I only enforce the law, I don't make it," Gramiccioni explained ."But if that was a possible sentence in the state of New Jersey, I would have certified this case as a Capital (Punishment) case."
Alex Napoliello may be reached at anapoliello@njadvancemedia.com. Follow him on Twitter @alexnapoNJ. Find NJ.com on Facebook.
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