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Tag: Small Airplane

Fed Grand Jury Indicts Investor For Crashing Plane and Faking Death

This, fair to say, is not your typical federal crime. But it may not be so far fetched to say it would make a good movie. Or maybe a great one.

By Associated Press
PENSACOLA, Fla. — A federal grand jury indicted an Indiana investment adviser Tuesday on charges of deliberately crashing his small airplane in the Florida Panhandle to try to fake his own death as part of a plan to escape financial ruin.
Authorities say Marcus Schrenker, 38, an amateur daredevil pilot and businessman, secretly parachuted to the ground before the crash and sped away on a motorcycle he had stashed away in central Alabama.
A three-day search came to an end on Jan. 13, when authorities finally caught up to Schrenker at a campground near Tallahassee, where they say he tried to take his own life by slashing one of his wrists.
The grand jury also charged him Tuesday with making a fake distress call and he remained jailed after spending a few days in the hospital being treated for his injuries.
For Full Story

Read Government Affidavit