Trial delayed for troubled Ind. money manager

October 06, 2009 1:10 pm  • 

NOBLESVILLE, Ind. | An Indiana judge has delayed until March the trial on securities fraud charges of a former money manager who tried to fake his own death by jumping from a small plane before it crashed in Florida.

Marcus Schrenker's attorney told a Hamilton County judge he was still receiving documents related to the case and didn't have enough time to prepare for the original Nov. 9 trial date. No new date was set during a hearing Tuesday, but the trial is now expected to be scheduled for March.

The 38-year-old Schrenker, a native of Merrillville, has pleaded not guilty to charges he bilked clients out of $1.5 million. The suburban Indianapolis man was sentenced in August to four years in federal prison on charges related to the Jan. 11 plane crash.

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