J.P. Morgan Analyst and Wife Involved in Alleged Murder-Suicide
Michael Tabacchi and wife Iran Denise Pars Tabacchi
Courtesy Denise Pars/Facebook
Michael Tabacchi, 27, and his wife, Iran Pars Tabacchi, 41, who also went by the name Denise, lived in Closter, New Jersey, and were involved in an apparent murder-suicide.
According to Denise's Facebook page, she was an administrative assistant at Joseph M. Sanzari Children's Hospital.
Their 18-month-old boy was not injured and is now being cared for by relatives.
Bergen County Prosecutor John Molinelli said that Michael died from a self-inflicted stab wound to the chest, while Denise died from strangulation and a single stab wound to her chest, according to the news outlet.
A neighbor who lives next door to the home said that Michael's father received a text message from his son that prompted him to head over to their home.
The neighbor called 911, according to CBS, and went over to the house with Michael's father.
Police
stand outside the house in Closter, New Jersey on Saturday, Feb. 7,
2015, where a couple was found dead in a possible murder-suicide.
Marko Georgiev / The Record of Bergen County - Northjersey.com / AP
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on February 09, 2015 at 3:51 PM, updated February 10, 2015 at 9:23 AM
Authorities are investigating a murder-suicide that occurred
in a High Street home in Closter Friday evening. (Justin Zaremba | NJ
Advance Media)
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on February 09, 2015 at 3:51 PM, updated February 10, 2015 at 9:23 AM
Closter murder-suicide latest JPMorgan Chase & Co. worker death
..."The company declined to comment for this report and did not clarify what Tabacchi's day-to-day responsibilities included.In the past, the company has offered counseling through its employee assistance program to manage stress and depression...."
CLOSTER -- A JPMorgan Chase & Co. employee and his wife were found dead in their home in an apparent murder-suicide.
It happened in Closter Friday evening, where the bodies of Michael and Iran Pars Tabacchi were
discovered. Authorities say Iran was stabbed and strangled, while Michael died of a self-inflicted stab wound.
When Li Junjie, a 33-year-old JPMorgan worker, jumped off the roof of the company's Hong Kong office in February 2014, the New York Post noted that it was the third death of a JPMorgan employee in weeks. Junjie was preceded by Gabriel Magee, a vice president with JPMorgan's corporate and investment technology arm in London, who jumped off an office tower, and Ryan Henry Crane, a New Jersey native and executive director with the company, who was found dead in his Stamford, Conn., home.
Alden Cass, a psychologist and author of "Bullish Thinking: The Advisor's Guide to Surviving and Thriving on Wall Street," said the deaths are not necessarily a trend. Suicides can happen in any high-stress profession and JPMorgan Chase & Co. is a large company, with 260,000 employees in 60 countries.
But, he acknowledged, the financial services industry is stressful, especially after the recession of 2008. Workers are still getting used to lower bonuses, less mobility and less job security.
Cass' patients often say they struggle with how to cope with those changes and the resulting effects on their lifestyles.
"Money tends to create the most problems in marriages, so the lack of money when you've had it before--that seems to hurt the most," he said.
Stress can exacerbate existing mental conditions like depression or alcoholism, Petros Levounis, chair of psychiatry at Rutgers New Jersey Medical School, said. Companies should encourage workers to find a balance between work and health, he said.
"The more we study these systems, the more we appreciate that leading a more balanced life that not only focuses on success and competition, but also in taking care of one's self, preventing burnout and having other outlets like exercise may end up in a more successful outcome," he said.
Bergen County Prosecutor John L. Molinelli made the results of an autopsy on the Tabacchis public on Sunday. The couple leaves behind a 15-month-old son. Authorities have not released a possible motive for the killings.
Michael Tabacchi had worked at JPMorgan & Chase since 2009 according to his LinkedIn page. The 27-year-old identified himself as a global custody product manager.
The company declined to comment for this report and did not clarify what Tabacchi's day-to-day responsibilities included.
In the past, the company has offered counseling through its employee assistance program to manage stress and depression.
Myles Ma may be reached at mma@njadvancemedia.com. Follow him on Twitter @MylesMaNJ. Find NJ.com on Facebook.
It happened in Closter Friday evening, where the bodies of Michael and Iran Pars Tabacchi were
discovered. Authorities say Iran was stabbed and strangled, while Michael died of a self-inflicted stab wound.
But it also happened in Jefferson Township in July, when police say Julian Knott shot his wife Alita before taking his own life with the same weapon.
"Money tends to create the most problems in marriages, so the lack of
money when you've had it before--that seems to hurt the most."
There's no evidence to suggest the two cases are related, but Julian
Knott and Michael Tabacchi shared an employer: JPMorgan Chase & Co.
Knott and Tabacchi are the latest in a string of suicides by company
employees over the past year.When Li Junjie, a 33-year-old JPMorgan worker, jumped off the roof of the company's Hong Kong office in February 2014, the New York Post noted that it was the third death of a JPMorgan employee in weeks. Junjie was preceded by Gabriel Magee, a vice president with JPMorgan's corporate and investment technology arm in London, who jumped off an office tower, and Ryan Henry Crane, a New Jersey native and executive director with the company, who was found dead in his Stamford, Conn., home.
Alden Cass, a psychologist and author of "Bullish Thinking: The Advisor's Guide to Surviving and Thriving on Wall Street," said the deaths are not necessarily a trend. Suicides can happen in any high-stress profession and JPMorgan Chase & Co. is a large company, with 260,000 employees in 60 countries.
But, he acknowledged, the financial services industry is stressful, especially after the recession of 2008. Workers are still getting used to lower bonuses, less mobility and less job security.
Cass' patients often say they struggle with how to cope with those changes and the resulting effects on their lifestyles.
"Money tends to create the most problems in marriages, so the lack of money when you've had it before--that seems to hurt the most," he said.
Stress can exacerbate existing mental conditions like depression or alcoholism, Petros Levounis, chair of psychiatry at Rutgers New Jersey Medical School, said. Companies should encourage workers to find a balance between work and health, he said.
"The more we study these systems, the more we appreciate that leading a more balanced life that not only focuses on success and competition, but also in taking care of one's self, preventing burnout and having other outlets like exercise may end up in a more successful outcome," he said.
Bergen County Prosecutor John L. Molinelli made the results of an autopsy on the Tabacchis public on Sunday. The couple leaves behind a 15-month-old son. Authorities have not released a possible motive for the killings.
Michael Tabacchi had worked at JPMorgan & Chase since 2009 according to his LinkedIn page. The 27-year-old identified himself as a global custody product manager.
The company declined to comment for this report and did not clarify what Tabacchi's day-to-day responsibilities included.
In the past, the company has offered counseling through its employee assistance program to manage stress and depression.
Myles Ma may be reached at mma@njadvancemedia.com. Follow him on Twitter @MylesMaNJ. Find NJ.com on Facebook.
