Update on Marcus Schrenker: Affinity Fraud

According to a recent article, "Indiana Money Manager Faces More Trouble at Home", Marcus Schrenker, a money manager who tried to fake his own death, used the good faith of his friends and relatives to gain about $1 million.

Affinity fraud happens when a perpetrator manipulates the good faith of their friends, relatives, and colleagues to gain trust in order to carry out their illegal scheme.


Trust this man?
Marcus Schrenker, AP Photo
Linked article: Deanna Martin; Associated Press 8/23/09

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Schrenker's Heritage Wealth Management Company's Slogan:

IT'S MORE THAN MONEY, IT'S YOUR FUTURE, IT'S YOUR CHILD'S EDUCATION

Gone.