December 2, 2021

Savuth Yin, Yulisa Yin Charged With Stealing Property From Lifeless Colorado Actual Property Dealer Fred Oelke

6 min read


A Colorado couple accused of stealing greater than $2 million price of actual property from an area man, then presumably planning to flee to non-extradition international locations similar to Cuba, Venezuela, or the African archipelago of Cape Verde, have been named as suspects in his mysterious demise.

Earlier this month, police in Longmont, Colorado arrested Savuth Yin, 26, and Yulisa Yin, 24, who’re accused of forging deeds to illegally switch possession of a number of properties owned by 77-year-old Fred Oelke, an actual property dealer whose physique was discovered on Sept. 15 and recognized publicly by authorities on Wednesday.

Though cops haven’t but revealed any details about the trigger and method of Oelke’s demise, or whether or not they imagine there was foul play concerned, bond motions filed in courtroom by the Boulder County District Legal professional’s Workplace and cited by local outlets state that each Yins are suspects “in a demise investigation surrounding the suspicious demise and tried cover-up of the demise of Fred Oelke.”

In keeping with a Nov. 12 arrest affidavit obtained by The Daily Beast, the weird sequence of occasions started Sept. 14, when a funeral residence in Longmont “obtained a number of emails and cellphone calls from somebody suggesting they have been associated or linked to a male who had died in his residence.”

The particular person was insistent that the funeral residence “instantly cremate him,” and supplied to pay further for expedited service. Suspicious, the funeral residence known as police the subsequent day. When cops arrived at Oelke’s residence, they discovered him useless.

“Fred lives alone due to this fact it’s unknown who was conscious Fred was deceased inside and why the particular person(s) didn’t name police straight,” the affidavit states.

On Oct. 29, a Longmont police investigator interviewed considered one of Oelke’s tenants, Laurie Lapinski, who stated she had obtained numerous unusual cellphone calls from somebody calling himself “Fredrick Hampton.” Hampton advised Lapinski that he was dealing with all of Oelke’s affairs now that he was deceased, and advised Lapinski that she was going to have to maneuver out. After Hampton returned her rental deposit by leaving cash orders in her mailbox, Lapinski known as the Boulder County Recorder’s Workplace to seek out out who really owned the house she was residing in, based on the arrest affidavit.

Lapinski was advised that quite a few quitclaim deeds—that’s, property transfers—had been filed for Oelke’s properties by a “Nathaniel Turner,” and have been transferred to an LLC. The investigator contacted the remainder of Oelke’s tenants, who all had related tales about being contacted by Hampton and advised to vacate the premises. Lapinski didn’t reply to a request for remark.

A longtime good friend of Oelke’s, Thomas Dunn, advised police that Oelke owned seven properties within the space, six of which he rented out. Dunn, who spoke at Oelke’s funeral and was named Oelke’s private consultant by the Boulder County Courts after Oelke’s demise, stated he had been unable to find any of the keys to Oelke’s properties or any of the leases. Dunn advised investigators that he thought somebody had damaged into Oelke’s residence and stolen the objects, along with the titles for 2 of Oelke’s automobiles.

Detectives obtained copies of the quitclaims, which transferred possession of Oelke’s properties, all price a number of hundred thousand {dollars}, to Savuth Yin for $0. That they had the signatures of Oelke and his ex-wife Karen. However Karen Oelke, who didn’t reply to The Each day Beast’s request for remark, advised police that she hadn’t signed any quitclaims, and that Oelke had purchased out her shares within the properties in 2012, once they divorced. The signatures on the quitclaims weren’t hers or Oelke’s, she stated. Moreover, the affidavit says, the signatures had been verified by notaries who didn’t exist, based on the State of Colorado’s licensing database.

Complete loss: $2.875 million.

Police adopted the cash, and located the LLC that now owned the properties had been arrange on Oct. 5, practically three weeks after Oelke’s stays have been found. The LLC’s setup charges have been paid with a MasterCard issued to Nathaniel Turner, and the entity was linked to a Longmont, Colorado cleansing firm owned by Yulisa Yin. Detectives acknowledged Yin as considered one of Oelke’s renters, and discovered that Yulisa Yin had simply obtained her associate-level actual property dealer’s license on Sept. 23.

On Nov. 10, police executed a search warrant on the Yins’ residence. The pair refused to talk to investigators, who discovered paperwork inside the home revealing that the Yins—whose cleaning company obtained more than $14,000 in PPP loans this year—have been being sued civilly by Oelke’s property, together with a number of firearms hidden within the sofa cushions, a handgun with the serial quantity filed off, the MasterCard used to ascertain the LLC, and 4 notary stamps within the identify “Samantha Smith,” one of many nonexistent notaries seen within the phony quitclaim deeds.

Cops additionally discovered a pocket book on the entrance desk, which contained a raft of disturbing entries, based on the affidavit.

A handwritten guidelines indicated the Yins meant to get passports, rent an legal professional and settle the lawsuit, repay money owed, promote every little thing, and “go away in 2-3 months.”

A second web page was titled, “Asylum,” and listed Cuba, Brazil, Cape Verde Islands, Venezuela, Ecuador, and “Costa Rica (possibly).” One other column with the heading “No to those locations” listed three different South American international locations which aren’t recognized within the affidavit.

“Attributable to these feedback, I’m involved Yulisa and Savuth plan to go away the nation,” concludes the affidavit, which is signed by Officer Rachael Sloan-Stogsdill.

The Yins have been arrested and booked into the Boulder County Jail on Nov. 10. Though the DA requested for his or her bail to be set at $25,000 and for the duo to be put below digital residence monitoring as they posed an “excessive flight danger,” the choose launched them on $500 money bond every.

Oelke’s sister Lynn advised The Each day Beast that she and the remainder of the household “know nothing extra about what occurred to my brother then what was reported” within the information, saying that the police have “not given any updates.”

However Thomas Dunn, who recalled Oelke as a “nice man” who loved quick automobiles and bikes, known as the phrases of the Yins’ launch “appalling.”

“Fred was discovered useless in a [COVID] masks, and he by no means wore a masks,” Dunn advised The Each day Beast, including that Oelke advised one other good friend proper earlier than he died that he was going to fulfill with some tenants who have been behind on their hire. “That’s type of suspicious proper there,” stated Dunn, who’s questioning nobody has been charged with Oelke’s homicide.

“When the police first discovered about these allegations, they moved rapidly and put quite a lot of arduous work into this case,” Shannon Carbone, spokeswoman for the Boulder County DA’s Workplace advised The Each day Beast. “In consequence, the District Legal professional’s Workplace filed severe costs relating to the monetary crimes. The investigation into the demise is ongoing and our staff is dedicated to reaching the proper end result.”

Dunn, who was reluctant to say an excessive amount of as a result of he doesn’t wish to “piss the detectives off,” stated Oelke, who drove a Ford Mannequin T roadster in highschool and acquired a Corvette as soon as he turned profitable, was well-known round Longmont. A pharmacist by coaching who grew up on a farm in North Dakota, Oelke began his profession in actual property within the Nineteen Seventies and at one time, employed 30-plus brokers, based on Dunn.

“He was an upstanding, top-of-the-line realtor for 40 years,” Dunn stated. “He at all times wore a pleasant go well with, actually super-, super-, super-generous, sort man.”

A few of these fits have been later loved by Regan Pattern, a neighbor of Oelke’s who additionally sells actual property. When he was getting began within the enterprise, Oelke was within the twilight of his personal profession and handed down a portion of his enterprise wardrobe to Pattern.

“He and I bonded on constructing our companies up in a grassroots manner,” Pattern advised The Each day Beast. “It’s such a tragic manner for somebody’s life to finish. This man who’s carried out quite a lot of good locally, simply being left there like that.”

Savuth and Yulisa Yin, who do not need attorneys listed in courtroom data and have been unable to be reached, are scheduled to seem in courtroom on Feb. 3.



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