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Marcus Schrenker - a pilot, who was flying a Piper PA 36 from Indianapolis to Florida, put in a distress call to Air Traffic Control that his windshield had imploded and he was about to crash. He crashed somewhere in the Florida Panhandle, but he wasn’t inside his plane when it went down, He has problem with Heritage Wealth Management Indianapolis.

An insurance company is seeking $1.4 million from Marcus Schrenker and his Indianapolis, Ind.-based Heritage Wealth Management, in a lawsuit filed Dec. 22 in federal court in Indianapolis.

Marcus Schrenker was an insurance agent for National Western from 2003 to 2006, according to court records. During that time, he collected more than $1.4 million in advance commissions on policies that ultimately went unsold or that lapsed in some way.

CMI claims Schrenker was legally obligated to repay the commissions to National Western, but never did. CMI is now suing Schrenker for breach of contract and unjust enrichment. Oh, and it wants the money back, what this is?.

Investigators say Marcus Schrenker, of the firm Heritage Wealth Management, abandoned his plane before it crashed in order to fake his deat. heritage wealth management indiana.

This entry was posted on Tuesday, January 13th, 2009 at 1:30 am and is filed under Hot News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.