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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowAn money manager who tried to fake his own death in a Florida plane crash will make a video appearance in court to face Indiana felony charges stemming from his financial dealings.
An initial hearing for 38-year-old Marcus Schrenker is scheduled before a Hamilton County magistrate this afternoon. Schrenker faces 11 counts of securities fraud.
Indiana prosecutors say Schrenker sold clients a nonexistent foreign currency fund, created false account information and used their money for personal expenses.
A federal judge in Pensacola, Fla., last month sentenced the suburban Indianapolis man to four years in prison on charges related to the Jan. 11 plane crash.
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