Glendale man accused of shooting business partner in '96 homicid - KTRE.com | Lufkin and Nacogdoches, Texas

UPDATE

Glendale man accused of shooting business partner in '96 homicide

Dean Richmond Babbitt IV, of Glendale, was charged with one count of premeditated first-degree murder in connection with the death of Bob Krahn. (Source: Maricopa  County Sheriff's Office) Dean Richmond Babbitt IV, of Glendale, was charged with one count of premeditated first-degree murder in connection with the death of Bob Krahn. (Source: Maricopa County Sheriff's Office)
Bob Krahn's body was found in a storage room. Bob Krahn's body was found in a storage room.
PHOENIX (CBS5) -

A 69-year-old man was arrested Tuesday on suspicion of shooting his business partner to death nearly 20 years ago.

Dean Richmond Babbitt IV, of Glendale, was charged with one count of premeditated first-degree murder in connection with the death of Bob Krahn as they were removing the last items from their Phoenix office equipment and furniture business before closing for good on Feb. 3, 1996.

"This has been a difficult case with a lot of moving parts," Phoenix police Sgt. Steve Martos told CBS 5 News. "This case is built on a lot of circumstantial evidence. We always look for the 'smoking gun,' if you will, and this case does not present us with this option."

Martos said that after a Phoenix Police Department cold case detective reviewed the case and consulted with the Maricopa County Attorney's Office, it was decided to move forward with the arrest.

A probable cause statement by police states Babbitt and Krahn had agreed to meet at 9 a.m. at the business at 2866 W. Grand Ave. to finish cleaning out the items, but later decided to meet in the darkness about 6 a.m.

Mark Barnes, the owner of a car detailing business next door, said he was asleep in his van and saw Babbitt arrive and then Krahn a few minutes later and watched as both parked their cars, according to the statement. About 10 minutes later, Barnes said, he heard a gunshot and saw Babbitt hurriedly walk to Barnes' business.

Barnes got out of his van and said Babbitt told him Krahn had been shot and Barnes dialed 911 and handed Barnes the phone, according to the statement. He said Babbitt was carrying a flashlight and was wearing a holstered revolver.

Officers arrived and found Krahn's body in a storage room of the building, which had the power shut off the previous day.

A 7.65mm handgun Babbitt reported stolen during a burglary in August of 1995 was found on the floor a few feet from the victim's body, police said.

Police also said they found footprints from Krahn and Babbitt, but no others.

Police said Babbitt told them he was outside at the time of the shooting and blamed "gang punks" for killing Krahn, but an investigation determined there were no gang issues reported in the area.

Copyright 2014 CBS 5 (KPHO Broadcasting Corporation). All rights reserved.

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