Indiana money manager charged in Fla. plane crash

CHATTAHOOCHEE, Fla. | Federal authorities have charged an Indiana money manager with faking a distress call from the air and intentionally wrecking his plane.

U.S. Marshals spokesman Scott Wilson said the charges were filed against 38-year-old Marcus Schrenker Wednesday afternoon.

MORE: Find more information about former Merrillville resident Marcus Schrenker

He says Schrenker is expected to appear in a Florida court later this week.

Authorities tracked Schrenker to a campground in north Florida last night after a three-day run. They suspect he parachuted from his small plane in Alabama, then left it on autopilot to crash in Florida as part of a bid to stage his death amid mounting personal and professional problems.