Speaking of flying, the money manager/swindler discusses the time he faked his own death, and the events leading up to it (apparently he got home for dinner and his wife had only set out four plates and that’s when he knew “it was all over” because “the fifth plate was always mine”).
He was going to have to face extradition once he healed up, but now it looks like he’ll face federal charges first. The federal charges are a bit of a bore, including intentional communication of a false distress message and willfully damaging, destroying or wrecking an aircraft (this is all you guys could come up with? Where’s the gratuitous terrorism charge? That’s a piece of cake to manage with any crime that includes an airplane!) but they are likely to stick. Hard. After that? The good graces of Indiana’s fraud cases await him.
As blind as justice is supposed to be, no one is going to be very amused and Schrenker is unlikely to catch a break. Anywhere.
Contrary to prior reports, apparently his suicide attempt was pretty credible. CNN reports that he was “bleeding so profusely when he was found that he likely would not have survived another hour without medical help.”
Timing is everything, Marcus.
Captured pilot awaits doctors’ orders [CNN]
Heritage Wealth Management, LLC, a San Diego firm apparently having nothing to do with everyone’s favorite DB Cooper wannabe is enduring quite a branding thanks to an unfortunate coincidence, namely, the similarity in name to Schrenker’s “Heritage Wealth Management, Inc.
A notice on the San Diego firm’s website informs us:
Please be assured that our company, Heritage Wealth Management, LLC, has no connections or affiliations with Marcus Schrenker, the Indianapolis-based company or its associates.
Heritage Wealth Management, LLC is an independently-owned firm and Registered Investment Adviser registered with the Securities & Exchange Commission (SEC). We are required by law to disclose any and all material affiliations; either with persons or with entities which can be verified here.
Earlier: Today’s Ponzi Trifecta Begins?