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Schrenker: 'Data' show he tried to fake own death

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A former Fishers money manager facing fraud charges acknowledges in a newspaper interview that evidence indicates he was trying to fake his own death when he parachuted from his private plane that later crashed in a Florida swamp.

Marcus Schrenker tells The Times of Munster in a jailhouse interview that "all the data" lead to that conclusion.

Schrenker previously had claimed he was trying to commit suicide when he jumped from the plane in January 2009.

He says now it's hard for him to believe he did anything so dangerous.

The Merrillville native is being held in the Hamilton County jail, where he awaits trial on charges that he bilked more than $1 million from investors.

Schrenker grabbed headlines last year by crashing his plane and parachuting to safety in an elaborate scheme to fake his death and escape a securities fraud investigation. He was sentenced in August in a Florida court to more than four years in federal prison for crashing the plane and is awaiting trial in Hamilton County on the fraud charges.

Altogether, Schrenker is charged with 11 felony counts of securities fraud.

In January, the Indiana Court of Appeals affirmed a lower court’s decision to appoint a receiver to manage the assets of his former wife, Michelle Schrenker.

Hamilton Superior Court Judge J. Richard Campbell appointed a receiver in February 2009 at the urging of the Indiana Securities Division, which filed a civil suit against the Schrenkers in an attempt to recover client funds.

The civil suit alleges the Schrenkers violated the Indiana Securities Act by using investor funds for personal use. The securities division lobbied the Hamilton County court to appoint a receiver because of Michelle Schrenker's involvement in the couple’s three investment firms: Heritage Wealth Management, Heritage Insurance Services and Icon Wealth Management.

She agreed to a preliminary injunction preventing her from transferring any assets until an accounting of her finances could be completed, but she objected to a receiver taking control of her property.

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  1. Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.

  2. Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.

  3. I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.

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  5. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

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