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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

‘Missing’ pilot caught after apparent suicide attempt

U.S. Marshals tracked Schrenker to Florida

By ALLEN G. BREED and JAY REEVES Associated Press

HARPERSVILLE, Ala. – With his world crumbling around him, investment adviser Marcus Schrenker opted for a bailout. However, his plan to escape personal turmoil was short-lived.

In a feat reminiscent of a James Bond movie, the 38-year-old businessman and amateur daredevil pilot apparently tried to fake his death in a plane crash, secretly parachuting to the ground and speeding away on a motorcycle he had stashed away in the pine barrens of central Alabama.

But the captivating three-day saga came to an end when authorities finally caught up to Schrenker at a North Florida campground where he had apparently tried to take his own life, said Alabama-based U.S. Marshals spokesman Michael Richards.

Schrenker was taken into custody around 10 p.m. EST after officers from the U.S. Marshal’s office in Tallahassee, Fla., found him at a campground in nearby Quincy, Richard said. He was in a tent with a slashed wrist when they arrived.

“He had cut one of his wrists, but he is still alive,” Richards said.

The missing pilot was tracked down after investigators developed leads that he might be in Florida and forwarded to U.S. Marshals officers there, Richards said.

Schrenker was on the run not only from the law but from divorce, a state investigation of his businesses and angry investors who accuse him of stealing potentially millions in savings they entrusted to him.

“We’ve learned over time that he’s a pathological liar – you don’t believe a single word that comes out of his mouth,” said Charles Kinney, a 49-year-old airline pilot from Atlanta who alleges Schrenker pocketed at least $135,000 of his parents’ retirement fund.

The events of the past few days appeared to be a last, desperate gambit by a man who had fallen from great heights and was about to hit bottom.

On Sunday – two days after burying his beloved stepfather and suffering a half-million-dollar loss in federal court the same day – Schrenker was flying his single-engine Piper Malibu to Florida from his Indiana home when he radioed from 2,000 feet that he was in trouble. He told the tower the windshield had imploded, and that his face was plastered with blood.

Then his radio went silent.

Military jets tried to intercept the plane and found the door open, the cockpit dark. The pilots followed until the aircraft crashed in a Florida Panhandle bayou surrounded by homes. There was no sign of Schrenker’s body. They now know they should never have expected to find one.