Auction for Ind. financier who tried to fake death - WSFA.com Montgomery Alabama news.

Auction for Ind. financier who tried to fake death

Posted By: Alisha Clark

INDIANAPOLIS (AP) - Auctioneers are selling off items owned by a former Indiana money manager who tried to fake his death in a plane crash, including the motorcycle he used to flee after parachuting from his plane.

Hundreds of people turned out as Marcus Schrenker's belongings went up for bid Saturday in Indianapolis.

One attendee paid $28,000 for a $68,000 boat. But others were just curious about a man who investigators say abandoned his plane over Alabama, then used a motorcycle he'd stashed in a shed to elude authorities for two days. The plane crashed unmanned in a Florida swamp.

Schrenker is serving four years in prison for the 2009 crash. His securities fraud trial begins in October in Indiana. He's accused of bilking investors out of $1.5 million. He's pleaded not guilty.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

  • NewsMore>>

  • In new walkouts, students look to turn outrage to action

    In new walkouts, students look to turn outrage to action

    Friday, April 20 2018 12:26 AM EDT2018-04-20 04:26:49 GMT
    Friday, April 20 2018 8:08 PM EDT2018-04-21 00:08:35 GMT
    (AP Photo/Carolyn Kaster, File). FILE - In this March 14, 2018 file photo, young demonstrators hold a rally in front of the White House in Washington. Another wave of school walkouts is expected as students honor victims of gun violence and push for gu...(AP Photo/Carolyn Kaster, File). FILE - In this March 14, 2018 file photo, young demonstrators hold a rally in front of the White House in Washington. Another wave of school walkouts is expected as students honor victims of gun violence and push for gu...

    Another wave of school walkouts is expected as students honor victims of gun violence and push for gun control.

    More >>

    Another wave of school walkouts is expected as students honor victims of gun violence and push for gun control.

    More >>
  • Leak crackdown talk yields rare Comey, Trump agreement

    Leak crackdown talk yields rare Comey, Trump agreement

    Friday, April 20 2018 1:03 AM EDT2018-04-20 05:03:06 GMT
    Friday, April 20 2018 8:07 PM EDT2018-04-21 00:07:43 GMT
    (AP Photo/Susan Walsh). Copies of the memos written by former FBI Director James Comey are photographed in Washington, Thursday, April 19, 2018. President Donald Trump told former FBI Director James Comey that he had serious concerns about the judgment...(AP Photo/Susan Walsh). Copies of the memos written by former FBI Director James Comey are photographed in Washington, Thursday, April 19, 2018. President Donald Trump told former FBI Director James Comey that he had serious concerns about the judgment...

    President Donald Trump told former FBI Director James Comey that he had serious concerns about his first national security adviser, Michael Flynn.

    More >>

    President Donald Trump told former FBI Director James Comey that he had serious concerns about his first national security adviser, Michael Flynn.

    More >>
  • FAA orders more engine inspections after Southwest accident

    FAA orders more engine inspections after Southwest accident

    Friday, April 20 2018 4:53 PM EDT2018-04-20 20:53:41 GMT
    Friday, April 20 2018 8:04 PM EDT2018-04-21 00:04:50 GMT
    (NTSB via AP). National Transportation Safety Board investigators examine damage to the engine of the Southwest Airlines plane that made an emergency landing at Philadelphia International Airport in Philadelphia on Tuesday, April 17, 2018. The Southwes...(NTSB via AP). National Transportation Safety Board investigators examine damage to the engine of the Southwest Airlines plane that made an emergency landing at Philadelphia International Airport in Philadelphia on Tuesday, April 17, 2018. The Southwes...
    The manufacturer of the jet engine involved in a fatal Southwest Airlines accident Tuesday wants more jets to be inspected for potential problems.More >>
    The manufacturer of the jet engine involved in a fatal Southwest Airlines accident Tuesday wants more jets to be inspected for potential problems.More >>
Powered by Frankly