DOTHAN, Ala. (AP) - The money troubles of Indiana pilot and financial manager Marcus Schrenker are getting worse now that an Alabama judge has ordered him to pay $12 million in a lawsuit.
A judge awarded the judgment Thursday to a Dothan man who sued after purchasing an airplane from Schrenker, who is accused of staging a plane crash in an attempt to fake his own death.
Barnett Hudson filed suit claiming Schrenker sold him a damaged airplane in 2002. Schrenker wrote a letter in December saying he was broke and wouldn't defend himself.
Schrenker was facing more than $9 million in court judgments and potential penalties when authorities say he bailed out of his plane over Alabama last month and let it crash to make it appear he was dead.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
|Get the ingredients you need to cook with Rach all week long.|
|Full length exclusive concerts from hot artists.|
|Take a break!
Classic Pacman, Frogger, Asteroids and more.
Sell almost anything locally.