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Pilot Claims He Didn't Try To Fake His Own Death

Pilot Claims He Didn't Try To Fake His Own Death

Marcus Schrenker, the man who ditched his plane after ripping off investors, denies he tried to fake his own death and says his wife had no part in any misdealings.


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INDIANAPOLIS (AP) - An Indiana money manager accused of bilking
investors of hundreds of thousands of dollars denies he tried to
fake his own death in a plane crash and says his estranged wife had
no part in any misdealings.
Marcus Schrenker sent a letter to Indiana authorities asking
them to unfreeze the assets of his wife, who is listed as his
company's chief financial officer. He also offers to make
restitution in return for reduced charges.
Schrenker was arrested at a Tallahassee, Fla., campground on
Jan. 13, two days after authorities say he put his plane on
autopilot and jumped out over Alabama. He was facing mounting
business and personal problems at the time.
He is being held in Florida on federal charges tied to the
crash. He faces financial charges in Indiana.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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