Local News

Authorities: Youngs in Financial Trouble Before Slaying

Posted January 11, 2007

— Michelle and Jason Young were in financial straits before she was beaten to death two months ago, according to a court document released Thursday.

Michelle Young, 29, was killed in their Wake County home Nov. 3. She was pregnant at the time of her death, and her 2-year-old daughter was found unharmed by her side.

Authorities haven't made an arrest in the case.

Although no suspects have been named, investigators have obtained fingerprint, footprint and DNA samples from Jason Young to compare with evidence found at the crime scene.

The request for such evidence, which was made four days after the slaying but released Thursday, stated that authorities feared any physical injuries Michelle Young's assailant might have suffered would heal quickly and that investigators discovered the Youngs were experiencing financial difficulties.

"The deceased was covered by a substantial life insurance policy with (Jason Young) as the beneficiary," the document said. "The deceased was pregnant and was making plans to cut back on her employment following maternity leave."

Michelle Young was a senior financial consultant in the Tax Department of Progress Energy, where she had been employed for three years. Jason Young, 32, worked for Sentric, a medical equipment wholesaler in Raleigh, before taking another job in medical sales with ChartOne last summer.

The couple purchased a $379,000 home in the Enchanted Oaks subdivision south of Raleigh in May 2005. They also owned a townhouse on Arete Way where they had lived for two years after marrying in 2003.

The court document doesn't disclose how investigators knew of Michelle Young's plans.

Sources close to the investigation said the life insurance policy could pay out between $1 million and $2 million.

It is unclear whether a settlement has been paid on policy, but the insurance company has the right to depose Jason Young before paying out on the policy.

"It sparks an interest in us," Wake County Sheriff Donnie Harrison said of the couple's financial situation.

The court document also stated that Jason Young isn't cooperating with investigators. Search warrants returned in the case last month said he was having a relationship with a woman in Florida, a sorority sister of Michelle Young at North Carolina State University, for three months prior to his wife's death.

"If he was cooperative with us and talked to us, it would certainly help us," Harrison said, adding that no one has been ruled out as a suspect in the case.

The Young murder is the cover story on the issue of People magazine that is expected out on newsstands Friday.

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  • crash Jan 12, 2007

    To me, if you have nothing to hide you'd help the police out to your fullest extent to bring the person responsible for your wife's death to justice. By not helping them out make's it look like you were totally involved in it. I would want to know who killed my wife and unborn child and would do anything in my power to help them if I had nothing to hide.

  • Topsail Girl Jan 12, 2007

    It took about 4 months for Scott Peterson to finally get arrested. I think Mr. Young will be about the same. This case is eerily similar to Laci Peterson and her unborn son.
    Donnie and the boys are trying their best to make this an airtight case so Wake County doesn't come off looking like we've been "Nifong"-ed.

  • What The Deuce Jan 12, 2007

    I agree with dewpac...beat a confession out of him!

  • owlady Jan 12, 2007

    How many months went by before they arrested Scott Peterson for his wife's murder? This case sounds so familiar. Very sad indeed.

  • jsd1960 Jan 12, 2007

    Did this guy spend this past new years eve near the Eiffel Tower?

  • NYPD Jan 11, 2007

    Beat a confession out of him

  • kstor33 Jan 11, 2007

    me7541...I don't know anything about this case so I won't comment. But I think you're right about "hateful words". We must all remember that the pen is mightier than the sword!

  • Cowboy Jan 11, 2007

    if he is innocent why hasn't he spoken to the sheriff?

  • dfmlythr Jan 11, 2007

    heh, I guess it's a subjective term, but I'd describe a "class act" as one who'd cooperate fully with authorities

    True, True... If he did not do anything he should be more than cooperate. He would be spilling his guts out to the police...

  • buck121794 Jan 11, 2007

    The "innocent until proven guilty" excuse only applies to a court of law. We can think, believe, assume and come to our own conclusion anytime we want to.