Schrenker Pleads Not Guilty

PENSACOLA, Fla. (AP) - An Indiana investment adviser has pleaded
not guilty to charges he deliberately crashed a plane in the
Florida Panhandle in a botched effort to fake his death and escape
financial ruin.
Marcus Schrenker appeared in federal court in Pensacola on
Thursday morning. Judge Roger Vinson ordered the 38-year-old
amateur pilot sent to Miami for psychiatric evaluation by the
Federal Bureau of Prisons.
Schrenker's attorney says he is not mentally competent for
trial.
He was arrested at a campground near Tallahassee, where federal
agents say he tried to kill himself after parachuting from his
plane in Alabama and driving off on a motorcycle he had stashed
nearby.
Also Thursday, investors in Indiana testified that he'd been
improperly moving money for years.

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