Schrenker Has Hearing In Indiana Today

A money manager who tried to fake hisown death in a Florida plane crash will make a video appearance incourt to face Indiana felony charges stemming from his financialdealings.

By: Katie Hammond | WKRG-TV
Published: September 15, 2009

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NOBLESVILLE, Ind. (AP) - A money manager who tried to fake his
own death in a Florida plane crash will make a video appearance in
court to face Indiana felony charges stemming from his financial
dealings.
An initial hearing for 38-year-old Marcus Schrenker is scheduled
before a Hamilton County magistrate Tuesday afternoon.
Schrenker faces 11 felony counts tied to his financial dealings
in Indiana. Prosecutors say Schrenker sold clients a nonexistent
foreign currency fund, created false account information and used
their money for personal expenses.
A federal judge in Pensacola, Fla., last month sentenced the
suburban Indianapolis man to four years in prison on charges
related to the Jan. 11 plane crash.

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