Thursday, January 15, 2009

seriously, just bizarre...

flew out of the plane and off the handle.

38 year old Marcus Schrenker, 38, of Indiana has this week been captured after staging a major plane crash to avoiding having to pay off debts and embezzled funds. it would appear that schenker was practicing as a money manager, even after his license expired in indiana.

he charged several investors over a quarter of a million dollars for services that he couldn't provide, and then later described himself as "financially insolvent." this insolvency was likely due to the $9 million in court claims he had amassed over the years. he was planning to file for bankrupcy in 2009, and then found what he clearly thought was a better idea.

he flew a plane toward the southeast, before faking a distress call and bailing out of the plane via parachute. he was seen in florida a few days later, before he was finally found in chattahoochee, wrists slit, near death, and muttering the words "die."

i can't even HOORAY on this one, as it is both horrible for the amount of money that he managed to take, and heartbreaking for the level of covert activity he felt he had to resort to, in order to escape the financial ruin that has hit everyone so hard these past few months.

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