Marcus Schrenker, the investment adviser who allegedly faked his death, was charged by a Florida court on Wednesday for intentionally crashing his plane. He still faces securities fraud charges in Indiana.

Schrenker, who owns three Indiana companies, was charged with making a false distress call and willfully wrecking his plane. No date has been set for his court appearance, but he will face the Florida charges first. Those charges carry a maximum sentence of 20 years in prison and a $5,000 fine.

The 38-year-old was arrested Tuesday night by U.S. Marshals officers at a campground in Quincy, near Tallahassee, the U.S. Marshals Service said in a statement. He "had lost a great deal of blood from a deep cut to one of his wrists" when officers found him in a tent, an apparent suicide attempt. Authorities brought him to the Tallahassee Memorial Hospital and he was still there recovering on Wednesday.

Police in Alabama, Florida and Indiana were looking for Shrenker. He had made a distress call late Sunday while on his Piper PA-46 single engine airplane bound for Destin, FL. He took off hours earlier from Anderson, IN, and had reportedly told to air traffic controllers that his windshield had shattered and that he was bleeding.

Police believe Schrenker intentionally put the plane on autopilot and parachuted out while flying over Alabama. "Military jets that were launched to intercept the plane observed the plane's door open and the cockpit dark. The military jets stayed with the plane until it crashed one mile north of Peter Prince Airport in East Milton," a statement from the U.S. Marshals office said.

After parachuting from his plane, Schrenker, whose wife filed for divorce on Dec. 30, spoke to a Childersburg, AL resident and said he had been in a canoeing accident. A Childersburg police officer, who identified him as Shrenker using his pilot's license but was unaware of the plane crash, later brought him to a motel where Schrenker checked in using a fake name.

Schrenker's three Indiana companies are currently being investigate for securities violations. A judge issued an order on Monday freezing his assets following a request from Indiana investigators. A Maryland federal court had also recently ruled against one of his companies, Heritage Wealth Management Inc., and ordered him to pay $533,000 for not returning "unearned"commissions to a life insurance company.