Plane crash plotter to appear in Indiana court

NOBLESVILLE, Ind. — A 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 Tuesday afternoon.

Schrenker faces 11 felony counts tied to his financial dealings in 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.

(This version CORRECTS corrects that Schrenker is 38 years old, not 28.)