Marcus Schrenker

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Money Manager Crook Who Faked Death Gets 10 Years

Marcus Schrenker jailed for securities fraud

(Newser) - An Indiana money manager who scammed his friends and then tried to fake his own death in a plane crash has been sentenced to 10 years in a state prison for fraud. Marcus Schrenker will serve that sentence consecutively with a 4-year federal sentence he received last year for parachuting... More »

Fugitive Execs: Good at Scams, Bad at Being on Lam

(Newser) - In the midst of a recession, so-called “executive fugitives” are driven to increasingly desperate efforts to flee as schemes implode and they face ruin—or prison time. NPR examines the tactics of these con artists—and how more often than not, say the law-enforcement authorities who chase them, their... More »

2 Stories