Police are still trying to establish whether he is still alive.
The London Evening Standard reports that Royal Bank of Scotland commodity finance banker Sascha Schornstein, 36, from Knightsbridge, London, has not been seen since his single-engine aircraft came down off the coast of Kent a week ago.
Investigators pulled a small amount of wreckage from the sea but have found no trace of the financier’s body, parachute or flight data.
Hampshire police said the incident was being treated as a missing persons inquiry and have an 'open mind' over what took place.
The force is running background checks on his mobile phone, bank accounts and credit cards that could indicate if he is still alive.
Officers have not found anything to suggest Schornstein would have faked a crash. A spokesman said that in the absence of a body it was routine to conduct a missing persons inquiry.
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