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13 WTHR Indianapolis | Indianapolis Local News & Weather

Michelle Schrenker loses court bid

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Hamilton County - The state court of appeals has affirmed a court-ordered receiver for Michelle Schrenker.

The wife of former money manager Marcus Schrenker wanted to get someone else in control of her assets.

The appeals court also affirmed a lower court conclusion that Michelle Schrenker materially aided Marcus Schrenker in violating the Securities Act.

Marcus Schrenker is still in a Hamilton County jail cell.

It's been one year since he tried to fake his death by crashing his plane in Florida.