Menendez brothers eyed $20M insurance payout after parents' murders, Jose's ex-business partner claims

Thirty years after Lyle and Erik Menendez were convicted of murdering their parents, Jose and Kitty Menendez, Jose's former business partner still questions what led to the killings.In his new memoir, "Karmic Winds: Reflections from the 'Smartest Guy in Hollywood,'" Peter M.Hoffman recounts his rise in the entertainment industry, including his tenure as president and CEO of Carolco Pictures, the studio behind hits such as "Terminator 2: Judgment Day," "Basic Instinct" and the "Rambo" franchise.Hoffman later served a federal prison sentence in connection with his convictions in a Louisiana film tax credit fraud case.

He has continued to maintain his innocence and challenge those convictions.He was portrayed in Netflix's "Monsters: The Lyle and Erik Menendez Story."MENENDEZ BROTHERS DISCUSS 'BULLYING AND TRAUMA' IN PRISON IN RARE PUBLIC REMARKS, NEW PODCAST INTERVIEWFrom left: Erik and Lyle Menendez remain imprisoned at Richard J.

Donovan Correctional Facility in San Diego County.(Ted Soqui/Sygma via Getty Images)"To me, the devil came to Los Angeles in 1989," Hoffman told Fox News Digital.

"Nobody came out unaffected by this terrible act."Hoffman met Jose when the no-nonsense patriarch was an executive at RCA, which brought the boy band Menudo to English-speaking audiences.Years later, the group helped catapult Ricky Martin to global fame.Menudo poses for a photo circa 1984.

(Lester Cohen/Getty Images)By the time Jose left RCA, Hoffman was running Carolco Pictures and looking for someone to lead the studio's video business.At the recommendation of entertainment attorney John Mason, he hired Jose.

They worked closely together from 1986 until Jose's murder.WATCH: Second Menendez brother denied parole"Jose was one tough character," Hoffman admitted."He was very focused on his Cuban ancestry, very conservative.

He had bought a house in Florida and was expecting to go back to Florida and run for the Senate.He had big dreams.

He wanted to make a lot of money and the...

Read More 
PaprClips
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by PaprClips.
Publisher: Fox News

Recent Articles