Marcus Schrenker Captured Near Quincy, Fla.

schrenkerartBLOG UPDATE 12:44 P.M. EST (USA): The U.S. Marshals Service has issued an updated statement on the capture of Marcus Schrenker. It is reproduced at the bottom of this post.

Here, directly below, is our initial post . . .

Authorities said they believed Indiana investment adviser Marcus Schrenker staged the crash of his Piper PA46 and faked his own death, parachuting from the plane to avoid prosecution for securities fraud.

The crash occurred Sunday in Florida. A manhunt ensued.

Schrenker, who walked away from a brief post-crash encounter with law-enforcement before authorities knew the circumstances of the case, was captured last night at a campground near Quincy, Fla.

Police said he had slashed one of his wrists, but the injuries did not appear to be life-threatening.

Schrenker was under investigation by Indiana authorities for securities fraud and for providing investment advice without a license. He’d also been the target of a successful lawsuit in which a judge ordered him to return $433,000 in commissions earned fraudulently from a Maryland company.

View the Schrenker arrest warrant at FindLaw.

The U.S. Marshal’s Service issued a statement in plainspeak to announce the capture, which occurred about 10 p.m.

“This evening, members of a Florida-based U.S. Marshals Service task force found fugitive Marcus Schrenker at a campground near Quincy, Fla., in Gadsden County.

“Acting on information received, a group of about 20 task force members, along with state and local authorities, approached a tent with Schrenker inside. Upon entering the tent, it became apparent that the subject had lost a great deal of blood from a deep cut to one of his wrists.  Schrenker was treated at the scene and flown to Tallahassee Memorial Hospital via Life Flight. At this time, his injuries are not believed to be life threatening.”

Quincy, a small town that has seen better financial times, is a short drive from Tallahassee in northern Florida.

It is the headquarters of AdSurfDaily Inc., a company federal prosecutors accused last summer of selling unregistered securities and operating a $100 million Ponzi scheme.

UPDATE: U.S. Marshals Service Statement:

“Fugitive Marcus Schrenker remains in the Tallahassee Memorial Hospital this morning receiving treatment for what appears to have been self-inflicted wounds to the wrist and forearm of his left arm. He is still under the custody of U.S. Marshals at this time. Schrenker was discovered approximately 10:00 p.m. last evening in a tent at the KOA campground near Quincy, Fla., in Gadsden County.

“Schrenker was administered first aid by the law enforcement personnel on scene. A Life Flight helicopter was directed into the campground for transportation of Schrenker to the hospital.

“Schrenker’s apprehension came just several hours after the U.S. Marshals in the Southern District of Indiana were handed a pair of warrants for his arrest. A coordinated effort by U.S. Marshals in Indiana, Alabama and Florida led task force, plus state and local authorities to the campground.

“I want to thank and congratulate all of the law enforcement personnel who worked so diligently to find Marcus Schrenker. His apprehension brings to an end one of the more inventive escape attempts I have ever seen,” said Director John F. Clark of the U.S. Marshals Service. “Just as important is the fact that once our people found Schrenker, and realized what bad shape he was in, they were every bit as determined to save his life as they were to track him down.”

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2 Responses to “Marcus Schrenker Captured Near Quincy, Fla.”

  1. Just before seeing your post on him, I posted this on another forum. However, it seems appropriate to post it here as well:

    This guy Schrenker lives in a suburb of Indianapolis and the story is big news locally. He is a 38-year old hotshot, a stunt-flying private pilot with what – until recently – appeared to be successful businesses, a gorgeous wife and three young kids, a million dollar home, expensive cars and all the toys, with one of his planes being estimated to be worth more than a million bucks. All apparently based upon conning people. Here’s a portion of today’s Indianapolis Star online story about him. In the print version it’s a front-page story.

    QUOTE:

    “Agent: Pilot mutters “die” as run from law ends

    QUINCY, Fla. (AP) — An investment manager who staged a plane crash to evade the law was barely conscious and muttered the word “die” when federal agents found him bleeding from a slashed wrist, an investigator said Wednesday . . .

    Full story and a short video: http://ap.indystar.com/dynamic/stori…MPLATE=DEFAULT

      (Quote)

  2. i predict that Marcus Schrenker’s life will be turned into an indy film within the next year (starring Gerard Butler of course since they look so much alike)

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