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WORLD: Pilot who faked his death under custody in Florida



Quincy, Florida --  

38 year old Indiana businessman Marcus Schrenker has been found alive in Northern Florida. Though one of his wrists cut  The events sound like a story from a cheap novel. Marcus was going through a tough time - his wife filed for divorce and his financial management companies are under investigation. He came up with a a plan, he decided to crash his plane to fake his death while parachuting to safety. The plane crashed and parachuted to safety to ride his bike which he had stashed in a storage unit that he rented a day back. His plan went bad when military planes intercepted the crashing plane to find the door open and even some officers picked him to give him a lift to the nearest motel.

Once the alarm was raised, law enforcement go the complete picture and issued a national alert to find him.  Finally he was found in Florida.

He is supposed to a pathalogical liar, and is claimed to have stolen millions in savings and investments using his financial management company.

From Associated Press -

With his personal and financial worlds crumbling around him, investment adviser Marcus Schrenker opted for a bailout. Ina feat reminiscent of a James Bond movie, the 38-year-old businessman and amateur daredevil pilot apparently tried to fake his death in aplane crash, secretly parachuting to the ground and speeding away on amotorcycle he had stashed away in the pine barrens of central Alabama. Now the search is on for Schrenker, who is running not only from the law but from divorce, a state investigation of his businesses and angry investors who accuse him of stealing potentially millions in savings they entrusted to him. "We've learned over time that he's apathological liar — you don't believe a single word that comes out ofhis mouth," said Charles Kinney, a 49-year-old airline pilot from Atlanta who alleges Schrenker pocketed at least $135,000 of his parents' retirement fund. The events of the past few days appearto be a last, desperate gambit by a man who had fallen from great heights and was about to hit bottom. On Sunday — two days after burying his beloved stepfather and suffering a half-million-dollar lossin federal court the same day — Schrenker was flying his single-engine Piper Malibu to Florida from his Indiana home when he radioed from 2,000 feet that he was in trouble. He told the tower the windshield had imploded, and that his face was plastered with blood. Then his radio went silent. Military jets tried to intercept the plane and found the door open, the cockpit dark. The pilots followed until the aircraft crashed in a Florida Panhandle bayou surrounded by homes. There was no sign of Schrenker's body. They now know they should never have expected to find one. More than 220 miles to the north, at a convenience store in Childersburg, Ala., police picked up a man using Schrenker's Indiana driver's license and carrying a pair of what appeared to be pilot's goggles. The man,who was wet from the knees down, told the officers he'd been in a canoe accident. After officers gave him a lift to a nearby motel, Schrenker apparently made his way to a storage unit he'd rented justthe day before his flight. He climbed aboard a red racing motorcycle with full saddlebags, and sped off into the countryside.


Updated: 01/14/2009 03:30 Add to Favorite   Send Message   Send Story to a Friend   Bookmark and Share
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Article tags:    Businessman    Faked Death    Indiana    Marcus Schrenker    Pilot   
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comments

Haha. What a looser! Screwing up a business is one thing, but faking his own death? With his money, that not only should have been a no brainer, but the options are limitless. Karma, an evil beast!
Posted Date: 01/14/2009 09:23 shark shark ratingshark ratingshark ratingshark ratingshark rating shark 0 Recommend Report Abuse
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