The Herald Bulletin

Afternoon Update

Local News

January 13, 2009

UPDATE: Neighbor claims pilot sent e-mail

Schrenker continues to evade Alabama authorities

An acquaintance of the Indiana pilot and businessman who crashed his plane in Florida claims to have received an e-mail from his now-fugitive neighbor.

Tom Britt told the Associated Press he received an e-mail from Schrenker Monday night saying the situation is a misunderstanding and he fears he will soon be dead.

“He has a split personality,” Britt said. “They would see a good side to him but then he would just flip a switch, blow a fuse. He would go crazy over something that would be insignificant to others but to him it was something big.”

Schrenker’s plane crashed aroun 9:15 p.m. in a marshy area of the Florida panhandle with no one on board. Authorities believe he placed a phoney distress call and parachuted over Alabama in an attempt to avoid prosecution and litigation in Indiana.

On Monday evening, a spokesman for the FBI in Birmingham, Al. said Schrenker had not been found.

Schrenker was scheduled to appear at an evidence-gathering hearing next week before the Indiana Commissioner of Insurance’s Office, which has charged Heritage Wealth Management with misappropriating hundreds of thousands of dollars in clients’ money and misrepresenting financial products it sold.

On Dec. 30, Schrenker’s wife filed for divorce and on Dec. 31 search warrants were served at his home and business. On Friday, funeral services were held for his father, Michael Galoozis, 66, of Merrillville.

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