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hedge fund manager fakes his death/CAUGHT - 1/13/2009 11:32:56 AM

pahunkboy

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http://www.huffingtonpost.com/2009/01/13/marcus-schrenker-hedge-fu_n_157515.html

HARPERSVILLE, Ala. -- The search for an Indiana businessman who may have tried to fake his own death in a plane crash to escape financial problems took another cinematic turn Tuesday when investigators said he fled on a red motorcycle.

After searching the Alabama woods where Marcus Schrenker, 38, apparently bailed out of his small plane before letting it coast on autopilot to crash in Florida, investigators discovered that he'd stashed a red motorcycle inside a storage unit a day before the crash. The bike is gone, and his clothes were left behind.

"He could be anywhere at all. Within 10 hours he could be in New Orleans, halfway to Houston, in Atlanta, anywhere," said Huntsville Police Chief David Latimer.

"I believe he's out of the U.S.," Latimer said. "... He jumped out an airplane and left it to crash who knows where. He's shown a total disregard for human life. I think he'd do anything to get away."

Schrenker's disappearance perplexed authorities in three states as they scrambled to put together the pieces of what looked like an elaborate plan sketched out to escape financial doom. In the days before the crash, Schrenker's home and business had been searched by authorities probing his financial management businesses, his wife filed for divorce, his stepfather died and a court in Maryland entered a half-million-dollar judgment against him.

Those troubles worsened Tuesday, when a judge in Indiana ordered Schrenker arrested on financial fraud charges after prosecutors said he had given financial advice to clients and made business deals even though his state license had expired on Dec. 31./snip (full info above link)

well now. how nice to waste EMS time! faking death by jumping out of an airplane with a parachute after a business and marriage go bad.

!!! guys like this think they are SOOO smart.

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RE: hedge fund manager fakes his death/CAUGHT - 1/13/2009 11:39:03 AM

bestbabync

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he deserves to be locked up!!! that damn plane crashed 75 yards from someones home. what a creep!!!!

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RE: hedge fund manager fakes his death/CAUGHT - 1/13/2009 12:24:38 PM

kittinSol

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Who's buying the movie rights

?

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RE: hedge fund manager fakes his death/CAUGHT - 1/13/2009 12:56:11 PM

pahunkboy

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just think how many wont get caught...

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RE: hedge fund manager fakes his death/CAUGHT - 1/13/2009 12:59:19 PM

hlen5

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Didn't he think no body in the plane might be a clue??

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RE: hedge fund manager fakes his death/CAUGHT - 1/13/2009 1:02:03 PM

ElectraGlide

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I wonder if he would have been dumb enough to collect his own death insurance check in person, if he got away with it.

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RE: hedge fund manager fakes his death/CAUGHT - 1/13/2009 6:15:48 PM

DarkSteven

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If you read the article, it states that he showed his own ID the day after he "died". Evidently he wasn't smart enough to get a fake ID ahead of time.

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RE: hedge fund manager fakes his death/CAUGHT - 1/13/2009 7:15:21 PM

Vendaval

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Another runner up for the Darwin Awards.

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RE: hedge fund manager fakes his death/CAUGHT - 1/13/2009 8:59:06 PM

Huntertn

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lots of people doing stupid shit like that

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RE: hedge fund manager fakes his death/CAUGHT - 1/14/2009 2:18:11 AM

ArizonaSunSwitch

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quote:

ORIGINAL: hlen5

Didn't he think no body in the plane might be a clue??

More likely he didn't have the basic mathematical skill to ensure his plane had enough fuel to cruise a hundred miles over/into the gulf of Mexico. After all, his last name isn't Kennedy, it's unlikely the Navy would spend a couple dozen million dollars of taxpayer money to find the wreckage of his airplane.

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