Investor's troubles mount as federal charges filed

By: The Associated Press
By: The Associated Press

A 38-year-old Indiana financial manager remains hospitalized in fair condition in a heavily-guarded Florida hospital room today as he faces federal charges of intentionally wrecking his aircraft and faking a distress call.

Marcus Schrenker is expected to appear in court in Florida before returning to Indiana, where he faced the prospect of bankruptcy, divorce and other problems even before his ill-fated flight.

A road atlas and campground directory discovered in his airplane cockpit helped lead authorities to the remote North Florida campsite where he was finally arrested late Tuesday.

In an affidavit, investigators who searched the plane wreckage said they found a 50-state U.S. road atlas with the Alabama and Florida pages removed. They also found a national campground directory with the same two states' listings torn out.

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