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Problems Mount for Pilot as Federal Charges Filed

Problems Mount for Pilot as Federal Charges Filed

The avalanche of legal and personal problems tumbling onto a brazen investor grew with the addition of federal charges that he faked a distress call and crashed his plane in an attempt to foil authorities.

 

Investors ignored doubts on troubled pilot

Young, handsome, confident, smooth talking. That's how some commercial pilots described financial planner Marcus Schrenker, the runaway pilot who authorities say bilked investors out of millions and tried to fake his death in a plane crash. "You could trust this guy. He was a pilot, and he understood us," one said.

 

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