74-year-old CEO stabbed to death during home invasion

A 74-year-old CEO was stabbed to death early Friday during a home invasion, the Fayette County Sheriff’s Office said. Investigators arrested two suspects, but a third remained on the run late Friday. 

The incident was initially reported as a shooting at a home on Lake Horton Landing Drive, Sheriff Barry Babb said. The residence is off Brooks Woolsey Road in an upscale lakefront community in the southern portion of the county.

When Fayette deputies got to the home about 2:30 a.m., they found the owner with a stab wound, Babb said. The homeowner was taken to Piedmont Fayette Hospital, where he was pronounced dead. He was identified late Friday as Albert Eugene  DeMagnus. 

The homeowner’s wife told authorities three men demanded cash and jewelry before taking the victim’s gray Lexus and leaving the scene. That’s when she called 911. 

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Deputies spotted the Lexus near the scene of the home invasion, Babb said. The stolen car crashed in the area of Jimmie Mayfield Boulevard and Bradley Drive and two men ran, he said. Deputies and Fayetteville police officers found located both men. 

Jeffrey Lee Wallace, 22, of Atlanta, and Kavion Wyzeenski Tookes, 21, of Decatur, were both arrested and being held Friday night at the Fayette County jail. 

Authorities set up a perimeter and searched cars for the third person, according to Channel 2.

“We believe the third person left the area in another vehicle,” Babb said.

DeMagnus was the CEO of Computer Management Services, Inc., according to the Georgia Secretary of State’s Office. 

In other news:

One man was killed in the shooting, police say.

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