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Old 01-14-2009, 09:11 AM
DaemonSeid DaemonSeid is offline
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Investor's 'unique' bailout plan

(CNN) -- Marcus Schrenker, the financial manager who officials say faked his own death in a plane crash after scamming his customers, has been found after an apparent suicide attempt, Florida and federal authorities said Tuesday.


Marcus Schrenker was taken to a hospital after he was found in Quincy, Florida, on Tuesday, authorities said.

1 of 3 Schrenker was found at a campsite near Quincy, Florida, with "deep cuts on his wrists," according to a statement by a Florida-based U.S. Marshals Service task force.

Schrenker was bleeding profusely when about 20 officers approached his tent, said Deputy U.S. Marshal John Beeman.

Schrenker was treated at the scene and then taken to Tallahassee Memorial HealthCare, authorities said.

Schrenker, who had been missing since Sunday, did not suffer life-threatening injuries and was being guarded at the hospital, Beeman said.

Schrenker was charged in Hamilton County, Indiana, on Tuesday with unlawful acts by a compensated adviser and unlawful transaction by an investment adviser.

Authorities believe Schrenker defrauded investors through three companies he owns before attempting a bizarre and potentially deadly vanishing act.

Schrenker took off alone Sunday night from Anderson, Indiana, in a Piper PA-46 en route to Destin, Florida.

Over Alabama, he contacted air traffic controllers, saying the windshield had imploded and he was bleeding profusely, authorities said. Police suspect he then put the aircraft on autopilot and parachuted to the ground.

The plane later crashed near the Blackwater River in East Milton, Florida, missing a group of homes by only 50 to 75 yards, said Sgt. Scott Haines of the Santa Rosa County, Florida, sheriff's department.


http://www.cnn.com/2009/CRIME/01/14/...und/index.html
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