Marcus Schrenker, the Indiana businessman arrested at a Chattahoochee KOA, was indicted on charges related to the crash of his plane in Santa Rosa County Tuesday.
He is expected to be arraigned in court today at the federal courthouse in Pensacola.
The indictment charges that Schrenker made a a fake distress call before bailing out of his plane somewhere over Alabama. The plane had been set to autopilot prior to the crash, which occurred near Milton.
Schrenker is also set to appear in a federal courtroom in Pensacola for a detention hearing Monday. He is being held in the Escambia County Jail, and will face criminal charges in Indiana. The former financial advisor will face felony charges of working as an investment advisor without being properly registered.
Schrenker's attorney, public defender Thomas Keith, filed a motion Wednesday with the courts, stating that his client is possibly not mentally competent. Court papers state that the attorney has asked for a psychological examination to determine whether Schrenker is mentally capable of standing trial.