Olds made about $41,000 on these stock trades, and was ordered to pay back that amount, plus an equal sum as penalty and another $21,000 in interest. In place of business suits, Olds now favors casual shirts, shorts and penny loafers as his workday attire. Firefighters arrived at the Freeman home shortly after 5:30 a.m. on December 30,[6] when a passerby reported a fire at the residence. The garage door, which has an elaborate curtained window faade, was open. [8] Two other suspects Warren Phillip "Phil" Welch II (died 2007) and David Pennington (died 2015)were also identified. In the late '60s, Dean stepped into the entrepreneurial ring by launching the Jimmy Dean Meat Company. She was very frightened as far as her image and propriety were concerned, said a friend. I have a half-dozen good German fiends. Before the couple separated in 1949, they had a child Deana, born in 1948. Later that year, Lisa Jackson, a former manager at one of Paula Deen's restaurants, filed a $1.2 million lawsuit against Deen and her brother Bubba Hiers, claiming racial discrimination and sexual . Hofer, then 20, a six-foot four-inch blond, was in New York visiting friends, he says. He was only 24 years old on September 30, 1955, when he was driving down Route 466 in his Porsche 550 Spyder and a car collided with his, killing him almost instantly. When he was questioned on the night of the murder, Hofer told police he had been driving Dean Oldss Ford Taurus that night, a car he drove often. They shared a room in a beachfront hotel, Hofer said, and Olds paid for the room and he said he could take it mostly off on taxes of whatever. According to tax documents, Olds paid $38,900 for the car and another $1,700 to ship it to Germany. The photographer wasnt the only one having a tough time finding Hofer. Hofer, a former live-in companion and business partner of Dean Olds, could face the death penalty if convicted. Chicago magazine newsletters have you covered. He said he endures court each day, an experience ``about as bad as it gets, because he sorely needs the money remaining in the estate. The ARDC hearing, tantamount to a trial, could result in the disbarment of Olds, who until his wife's murder was earning more than $600,000 a year and was listed in a respected publication called "The Best Lawyers in America. Dean Olds, who had been named as a suspect, according to his criminal lawyer, appeared at the Wilmette police station on the night of the arrest and was interviewed by detectives. She was program chair of the Forty Acres Bird and Garden Club one year, president another. The money was supposed to be for Sue and Deans retirement, but it was quickly dissipated on a variety of trips and expenses, purportedly in connection with Dean and Carstens joint business, Hofers Rolls-Royce Service, a limousine rental firm in Munich. Civil lawsuits have been used, with some success, in other Chicago area murders. But still, it was clear that the relationship was not over, despite the advice of lawyers for them to stay apart. She said her marriage was over 20 years ago, recalled Kundaris, who styled Mrs. Olds hair twice a week for the last couple of years of her life. . He was turned into the ancient one known as "The Old Man". You could tell that swear words would make her a little uncomfortable.. Hofer moved from Germany to Chicago in 1993 when the business dissolved, and lived there until after his trial. The securities and Exchange Commission announced that Olds had signed a consent agreement in a complaint against him alleging inside trading violations. After their chance meeting in the hotel bar in New York, Dean Olds and Carsten Hofer quickly grew close. Just a month before Hofers arrest, a court ruling put an end to the financial strain that had plagued Dean Olds since the receiver took control of his funds a year before. While Dean has been born with one vertebral artery, which carries blood to the brain and it has suffered a 50% reduction in usage for most of his life, he remains a remarkably healthy man to live with. Subscribe to one or more of our free e-mail newsletters to get instant updates on local news, events, and opportunities in Chicago. And she was troubled by how the divorce, and what she was learning about her husbands relationship with Carsten Hofer, would affect the children. Despite the differences in their ages and backgrounds, Olds was captivated by the young man that night, attracted by his style and his manners. We had our plan that we wanted to go live in Los Angeles. But first they were to spend a few months with his boyfriends family in the Chicago suburbs. At a press conference the next day, police chief George Carpenter said his force was still investigating the possibility that another person may also bear legal responsibility for this crime. At press time, no one else had been charged. "He introduced him as the orphaned nephew of a client of his who was down on his luck," Glavin testified. Goebel also told the court that footprints found in the snow leading to the garage where Mrs. Olds was murdered and leading away from the garage were analyzed and found to be similar to prints of boots owned by Hofer. For example, at a press conference the day after Hofer was arrested, Kling, his defense lawyer, made much of Hofers modeling career in Germany and his success in that field here, even referring to his appearance in a national Gatorade commercial. Dean's first encounter with Richard and Emily Gilmore is a disaster. Sue Olds had gone to work out at the Evanston Athletic Club, stopped for groceries at the Treasure Island, and now was at home, about to take her golden retriever, Murphy, out for a walk. Living on the North Shore with an attractive wife, prominent lawyer Dean Olds seem to have it all. So, Hofer says, he and Olds turned all the operating papers for the limousine service over to a liquidator. Hofer, Dean Olds' alleged lover, was named as a third-party defendant in the suit, because Suzanne Olds suspected her estranged husband was using Hofer to funnel huge sums of money out of the country. Carlton R. Marcyan, Sue Oldss divorce lawyer, believes that the limousine business may have been a plot to hide money for Olds and Hofer. But matters just got worse. The flow of money to Hofer, purportedly to set up a chauffeur business for the two men in Munich, was stemmed by the proceedings. The judgment, awarded to Suzanne Olds' estate by Cook County Circuit Judge Calvin Hall, falls short of the sum Suzanne Olds' lawyers believe Dean and Hofer spent, although it comes on top of the $2 million in remaining marital assets that Olds forfeited because of his role in the murder. One shot is of Hofer reclining on the floor in bikini briefs and a polo shirt. Swimming pools, racquetball courts, weight room and fitness center, all the things a 67-year-old who walks stooped over would need to get back into top form. He hated (her attorney). Kristen was born in September 1962; Courtney and Stephen followed three years apart. The victim was fully clothed, and we found no evidence of theft, robbery, or burglary to the house itself, Wilmette police chief George Carpenter said the next day. It was a crime of hatred, not a crime of burglary or robbery, Goebel said. I was found guilty (in the civil proceedings), yet the only thing you could get out of the trial was that I was a skunk. In the spring of 1993, after acknowledging that he had a drinking problem, he was put on a leave of absence from the law firm. Olds was barred from accessing Suzannes inheritance and joint assets. Carsten was trying to get his roots down in the U.S., Olds said several weeks before Hofers arrest. The police reported that speed contributed to the cause to the accident and that Dean was traveling over 65 mph at the time of the impact. There is no question that Olds is about 10 pounds and several million dollars lighter than when he left his North Shore home last year in an old Ford Taurus sedan stained with the blood of his murdered wife. At the dinner, Dean Olds toasted his wife, giving her credit for the success of the celebration and the execution of the many details. The acrimonious divorce and the relationship with Hofer were taking their toll on Dean Olds. If the money that Olds had poured into the limousine business was really gone, Olds was in rather dire financial straits. A partner in one of Chicago's hottest law firms, he had amassed a multimillion-dollar fortune. Dean Olds, too, played a part in disseminating conflicting information about Hofers life. [8][13] Following this discovery, the crime scene was reexamined, yet no sign of Bible or Freeman was found. Simpson for the death of his wife, Nicole, and her friend Ron Goldman, the case of Olds raises the same sorts of issues that are being debated in the Simpson case. He didnt necessarily follow our unwritten rules. For the most part, the infractions were rather minor, Pavlak said such as telling young associates that they wait to become partner would be shorter than it actually was. She slept at night only after securing the front and back doors and locking the deadbolt on her bedroom door. [22] The show was hosted by the creator of the show and crime writer Jax Miller, who also wrote a book on the girls' disappearances. When Dean Olds, a prominent Chicago trademark lawyer, travelled to New York on business, he liked to stay at the United Nations Plaza hotel on the citys East Side. By the following year, Olds was made a partner in his firm, and the couple started planning for children. SARAH NORDGREN December 7, 1995 CHICAGO (AP) _ Dean Olds had it all. Dean Martin married his first wife, Elizabeth Anne McDonald, in 1941. A partner in one of Chicagos hottest law firms, he had amassed a multimillion-dollar fortune. Kling told reporters Hofer wanted to see his family and reestablish his career in Germany. Marcyan was able to prove that Olds had regularly violated the injunction against sending more money to Germany. Almost a year has gone by since Dean Olds made that trip out of Chicago, and even though the case has long since faded from the news, it is not over in the eyes of his estranged children. That supposedly explain where money was going in the German business show lots of transactions at very nice restaurants, hotels throughout Europe, liquor. ``That person is highly abnormal. Outside was a lovely garden. He even went with Dean to watch his son Steves tennis matches. Then, his partners fired him on allegations of insider trading. Lauria Jaylene Bible (/ l r /; born April 18, 1983) and Ashley Renae Freeman (born December 29, 1983) were American teenagers who disappeared between the evening of December 29 and the early morning hours of December 30, 1999, from Freeman's home in Welch, Oklahoma.. Olds was the picture of a Midwestern lawyer, favoring conservative suits and wing-tip shoes, and riding the commuter train to his office each day. Insurance didnt cover the loss, according to court records, because Hofer did not have the proper type of license. [14] According to the affidavit, Welch, Pennington, and Busick had claimed to have raped and tortured the girls before disposing of their remains "in a pit" or mine shaft in Picher, Oklahoma. Swimming pools, racquetball courts, weight room and fitness center, all the things a 67-year-old who walks stooped over would need to get back into top form. Hofer likes to dance all night, Olds said, while he prefers to stay home and go to bed early. The termination from the firm would bring him, according to court documents, approximately $600,000, paid in increments over time. Though no one was hurt, the car was totaled, Hofer said. ``Whoever killed my wife sort of went bananas, he said. He had written the check on December 22nd to buy a pair of exercise dumbbells. A lifelong fan of classical music, Suzanne had ignored her son's advice and was found, slumped over a stoop in the garage, wearing her stereo headphones. CHICAGO (AP) _ Dean Olds had it all. He was trying to extricate himself from a complicated relationship with Olds at the time of Mrs. Olds slaying but was financially dependent upon him, McDermott said. The day after Hofers bond hearing, Olds told the Chicago Tribune that after Hofers parents walked off and left him when he was a child, he basically put himself through college. But Hofer told Chicago magazine that he left school at 15 did not attend university. The vote wasnt anywhere near unanimous, Pavlak said. Then, in May 1991, Olds bought a second Rolls-Royce, a green one this time, to replace the one that had been wrecked. Jan. 25, 201603:38 1. Olds says the last Rolls-Royce was sold in February 1993 to pay off some of the companys debts. Background. While Hofer sat in Cook County Jail awaiting trial, Olds groused about his entrepreneurial woes to Nancy Millman for her 1994 Chicago story Dangerous Liaison., My wife had cut off all funds for Germany, he said. Throughout the months after the murder, the Olds children have refrained from commenting publicly on the case, but family members and friends say that more than anything, they want the murder of Suzanne Olds to be solved. News reports after the search wrapped up indicated it had been yet another dead end. . As a result, Olds moved back into the Wilmette house and has access to what is left of the couples joint assets. Almost a year has gone by since. Olds had been a full partner in the firm until being ousted for alcoholism, insider stock trading and other misconduct in the summer of 1993. It had been founded in 1917 by two specialists in what today is called intellectual property law, a practice involving patents, trade secrets, trademarks, and copyrights. Hofer also visited Olds in Chicago, and says he was entertained at the family home and at their country club. Olds' fear was so intense that her self-defense arsenal of Mace and panic buttons was expanded in the final days of her life to include a 20-gauge shotgun under her bed and a baseball bat next to her nightstand. Dean is the first of Rory's boyfriends they meet and their expectations were high. Reports also referred to a map found in the car with the location of the house marked with a star. Inhaling deeply on a Marlboro Light in his lawyers office and speaking in accented, nearly fluent English, Hofer described his relationship with the wealthy lawyer. In March 1991, Olds and Hofer visited Fort Lauderdale together, where they bought their first Rolls-Royce, a brown one. Sue Olds showed a talent for selecting beautiful flowers and arranging them artfully, said her friend Denise Handley. First put up for sale in 2018 with a price tag of $1.8M, the original listing also included much of the furniture and Martin's baby grand piano. 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