Find Post Investigations On:
Facebook Scribd Twitter
Friendfeed RSS Google Reader
» About This Blog | Meet the Investigative Team | Subscribe
Ongoing Investigation

Top Secret America

The Post explores the top secret world the government created in response to the attacks of Sept. 11.

Ongoing Investigation

The Hidden Life of Guns

How guns move through American society, from store counter to crime scene.

Have a Tip?

Talk to Us

If you have solid tips, news or documents on potential ethical violations or abuses of power, we want to know. Send us your suggestions.
• E-mail Us

Categories

Post Investigations
In-depth investigative news
and multimedia from The Washington Post.
• Special Reports
• The Blog

Reporters' Notebook
An insider's guide to investigative news: reporters offer insights on their stories.

The Daily Read
A daily look at investigative news of note across the Web.

Top Picks
A weekly review of the best
in-depth and investigative reports from across the nation.

Hot Documents
Court filings, letters, audits and other documents of interest.

D.C. Region
Post coverage of investigative news in Maryland, Virginia and the District.

Washington Watchdogs
A periodic look into official government investigations.

Help! What Is RSS?
Find out how to follow Post Investigations in your favorite RSS reader.

Hot Comments

Unfortunately I believe that we are limited in what we can focus on. I think that if we proceed with the partisan sideshow of prosecuting Bush admin. officials, healthcare will get lost in the brouhaha.
— Posted by denamom, Obama's Quandary...

Recent Posts
Bob Woodward

The Washington Post's permanent investigative unit was set up in 1982 under Bob Woodward.


Archives
See what you missed, find what you're looking for.
Blog Archive »
Investigations Archive »

Have a Tip?
Send us information on ethics violations or abuses of power.
E-Mail Us »

Other
Investigations
Notable investigative projects from other news outlets.
On the Web »
Top Picks »

Report: Financial Adviser Tried to Fake Own Death

POSTED: 07:35 PM ET, 01/12/2009 by Derek Kravitz

Further oddities from the financial crisis of 2009: An Indiana financial adviser who authorities say faked his own death by parachuting out of his plane as it crashed into a swampy area of north Florida is missing again.

Police are combing the woods of Alabama looking for 38-year-old Marcus Shrenker, an Indianapolis pilot and president of Heritage Wealth Management who went missing Sunday after his single-engine Piper Malibu crashed.

Shrenker had been dogged in recent weeks by a host of personal and legal problems; insurance regulators are investigating Schrenker for allegedly misappropriating clients' money, a federal court in Maryland had recently ordered him to pay $533,000 to a life-insurance company for "unearned commissions" and last month an insurance firm filed a similar lawsuit in federal court in Indianapolis, claiming Schrenker owes more than $1.4 million.

His wife, Michelle, also filed for divorce just before New Year's Day.

Late Sunday, Schrenker had issued a distress call as his Destin, Fla.-bound plane flew near Birmingham, Ala. Military jets were called in to help as Schrenker told air-traffic controllers that the plane's windshield had "imploded" and that he was bleeding. The six-seater crashed moments later.

Authorities examined the crash site and presumed Schrenker was dead.

But on Monday, a visibly wet Shrenker, wearing goggles made for "flying," was spotted by a police officer in Childersburg, Ala. He allegedly told the officer that he had been in a canoeing accident with some friends and handed the officer his driver's license before being taken to a nearby hotel.

After discovering who he was, police went back to the hotel to find Schrenker missing. He had checked in under a fake name, paid in cash and fled into the nearby woods wearing a black toboggan cap.

Schrenker has been described as an accomplished pilot with a knowledge of getting through tight situations; He was hired as a consultant for a news series about airport security by WTHR-TV, an NBC affiliate in Indianapolis, after the Sept. 11 attacks, demonstrating security lapses at the facility using hidden cameras.

By Derek Kravitz |  January 12, 2009; 7:35 PM ET
Previous: The Bush Legacy Debate Begins | Next: Push for Bailout Bucks, Gitmo Closure Considered, Clinton's Donor Interventions?

Comments

Please email us to report offensive comments.



Post a Comment

We encourage users to analyze, comment on and even challenge washingtonpost.com's articles, blogs, reviews and multimedia features.

User reviews and comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions.




characters remaining

 
 

© 2010 The Washington Post Company