Schrenker says wife is innocent, denies plot

Marc Schrenker

Indianapolis - An Indiana money manager accused of bilking investors of hundreds of thousands of dollars denies he tried to fake his own death in a plane crash and says his estranged wife had no part in any misdealings.

Marcus Schrenker sent a letter to Indiana authorities asking them to unfreeze the assets of his wife, who is listed as his company's chief financial officer. He also offers to make restitution in return for reduced charges.

"There isn't a moment that goes by that I don't deeply regret the mistakes our company made and hope all parties will let me take responsibility," he wrote in the letter, which was also sent to his family, attorneys and Indiana Secretary of State Todd Rokita.

"If it means Michelle and the kids will be left alone, I am willing to enter a guilty verdict," Schrenker continued.

Schrenker was arrested at a Tallahassee, Fla., campground on Jan. 13, two days after authorities say he put his plane on autopilot and jumped out after telling emergency officials the plane was having mechanical problems.

He denied allegations that he crashed his plane to evade authorities.

"The accident was just that, an accident. I did not try to fake my death," he wrote.

Schrenker explained that he received a severe injury when his aircraft violently decompressed, causing complete loss of memory.

He is being held in Florida on federal charges tied to the crash. He faces financial charges in Indiana.

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(The Associated Press contributed to this story.)