INDIANAPOLIS -- The Indianapolis-area investment manager accused of staging a plane crash to evade personal and financial ruin may not be back in Indiana to face charges until at least April.

Federal authorities on Wednesday charged Marcus Schrenker, 38, with faking a distress call and wrecking his plane.

---

Uncut: Friend Interview
Slideshow: Police Look For Missing Businessman After Plane Crash

---

U.S. Marshals apprehended Schrenker late Tuesday at a northern Florida campground two days after the amateur daredevil pilot allegedly tried to fake his own death in a plane crash. Authorities believe he parachuted to the ground and later sped off on a motorcycle he had stashed in central Alabama.

Because he is already in Florida, officials said Schrenker will be tried there first, before being brought back to Indiana to face felony fraud charges alleging that he acted as a financial adviser after his state license expired on Dec. 31.

Hamilton County prosecutors told 6News' Rick Hightower that they're happy to wait their turn.

"Certainly I would like to have gotten him back here to prosecute him, but the way I look at it is we're all part of the same team. We want justice with Mr. Schrenker and there's plenty of justice to go around," said Chief Deputy Prosecutor Jeff Wehmueller.

Authorities in Indiana have been investigating Schrenker's businesses on allegations that he sold clients annuities and charged them exorbitant fees they weren't aware they would face.

State Insurance Commissioner Jim Atterholt said Schrenker would close the investors out of one annuity and move them to another while charging them especially high "surrender charges" -- in one case costing a retired couple $135,000 of their original $900,000 investment.

On Dec. 31, officers searched Schrenker's home, seizing his family's passports, $6,036 in cash, the title to a Lexus and deposit slips for bank accounts in his wife Michelle Schrenker's name. They also took six computers and nine large plastic tubs filled with various financial and corporate documents.

In the supporting affidavit, investigators suggested Schrenker might have access to at least $665,000 in the offshore accounts of a client.

Michelle Schrenker said through her attorney on Wednesday that she had no knowledge of her husband's impending legal troubles.

"Clearly, Michelle and her three young children are victims of this man's deceitfulness as well," attorney Mary Schmid said in the statement. "She is not guilty of anything other than trusting her husband of 13 years."

Michelle Schrenker had filed for divorce on Dec. 30, but Schmid said her decision stemmed from alleged infidelity that began months earlier.

Schrenker was airlifted to Tallahassee Memorial Hospital Wednesday night after authorities found him barely conscious with his wrists slashed. Doctors are expected to re-examine him on Friday to determine if he is well enough to make the 200-mile trip to Pensacola, where he will face the federal charges.