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Tuesday, February 9, 2010
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A tell-all tale: Bipolar money manager who attempted to fake his death plans to write a bookMarcus Schrenker, who was sentenced to four years in prison after he jumped out of a plane he was piloting, is said to be chronicling his recent exploits
The Indiana money manager who tried to fake his own death by parachuting from a plane before it crashed into a Florida swamp now plans to write a book about his misadventures.
CRASH LANDINGS: First, a plane lands in a marsh after Marcus Schrenker jumps out to fake his death. Then Mr. Schrenker lands himself in jail.
Mr. Schrenker, who was sentenced in August to four years in prison for the Jan. 11 plane crash escapade, is still facing 11 felony securities fraud charges over claims that he stole from clients – and family members. Last week, an Indiana judged postponed Mr. Schrenker's securities fraud trial until March. Mr. Schrenker parachuted from a plane as it flew over Alabama, leaving the plane on autopilot in the hope it would drift out to the Gulf of Mexico. The plane drifted for 200 miles until it ran out of fuel and crashed in the town of Milton, Fla. There were no injuries resulting from the crash. “To this day I cannot believe I could do something so reckless and selfish,” Mr. Schrenker told a judge at his trial in August. “It is my hope the residents of Milton feel my pain. If someone had gotten hurt, I do not know what I would do.”
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