Trevor Jacob has pleaded guilty to deliberately crashing his plane to gain views. Photo: Trevor Jacob / YouTube
Trevor Jacob has pleaded guilty to deliberately crashing his plane to gain views. Photo: Trevor Jacob / YouTube
Trevor Jacob has pleaded guilty to deliberately crashing his plane to gain views. Photo: Trevor Jacob / YouTube
Trevor Jacob has pleaded guilty to deliberately crashing his plane to gain views. Photo: Trevor Jacob / YouTube

YouTuber who staged plane crash faces up to 20 years in jail


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A YouTuber pilot who bailed out mid-air and deliberately sent his plane crashing into the ground to bolster viewing numbers on his channel could be jailed for up to 20 years, US authorities said on Thursday.

In a video seen by nearly three million people and titled "I crashed my airplane", Trevor Jacob appears to experience engine trouble while flying over southern California in November 2021.

The dramatic footage shows Jacob, 29, ejecting from the single-engine plane — selfie stick in hand — and parachuting into the dense vegetation of the Los Padres National Forest.

Cameras placed all over the aircraft show its out-of-control descent into the forest and its eventual crash landing.

Jacob films himself hiking to the wreckage, where he appears dismayed to discover the water he packed has disappeared.

Viewers see him bush-whacking through poison oak and over hills as he seemingly struggles to find civilization, giving regular updates about how thirsty he is, and how lost he feels.

Finally he stops to scoop water from a stream, and moments later comes across a vehicle and apparent salvation as night falls.

In the weeks after the incident, investigators from the National Transportation Safety Board and the Federal Aviation Administration launched a probe into the crash, and Jacob was ordered to preserve the wreckage.

The YouTuber told officials he did not know where the plane had gone down, but, according to a plea deal lodged in Los Angeles, two weeks after the drama he and a friend winched the wreckage out of the forest with a helicopter, having earlier recovered data from the onboard cameras.

After being ordered to preserve the wreckage, Jacob went on to cut the plane into small pieces and dump the parts in trash bins across Lompoc City Airport. Photo: Trevor Jacob / YouTube
After being ordered to preserve the wreckage, Jacob went on to cut the plane into small pieces and dump the parts in trash bins across Lompoc City Airport. Photo: Trevor Jacob / YouTube

Over the next few days, he cut the plane into small pieces and dumped the parts in trash bins in and around Lompoc City Airport.

The FAA, the body that regulates flying in the United States, confiscated Jacob's pilot's license in April last year.

In a plea agreement, Jacob admitted he had intended to obstruct federal authorities when he disposed of the wreckage and had created the video to make money through a sponsorship with a wallet company.

"Jacob further admitted he lied to federal investigators when he submitted an aircraft accident incident report that falsely indicated that the aircraft experienced a full loss of power approximately 35 minutes after takeoff," the Department of Justice said.

"Jacob also lied to an FAA aviation safety inspector when he said the airplane's engine had quit and, because he could not identify any safe landing options, he had parachuted out of the plane."

He has agreed to plead guilty to one count of destruction and concealment with the intent to obstruct a federal investigation, a crime that carries a statutory maximum sentence of 20 years in federal prison.

The YouTuber is expected to formally enter his plea in Los Angeles in the coming weeks and will be sentenced at a later date.

Numerous pilots and aviation experts commented that Jacob had failed to take even elementary steps to restart his plane's apparently troubled engine.

Others pointed out that he could easily have safely glided the plane to a landing spot, and that wearing a parachute while flying a small aircraft was highly unusual.

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Richard Flanagan
Chatto & Windus 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Updated: May 12, 2023, 8:09 AM