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PENSACOLA, Fla. — An Indiana money manager avoided trial in Florida by pleading guilty Friday to federal charges that he intentionally crashed his plane to fake his death and flee financial ruin, but his legal troubles aren’t over.

Marcus Schrenker, 38, faces millions of dollars in judgments and penalties related to his failed business dealings in Indiana, and that state is waiting to prosecute Schrenker after his Aug. 19 sentencing in Florida.

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