‘Dead’ Georgia banker accused of losing millions due in court

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BRUNSWICK, Ga. (AP) — A south Georgia bank director accused
of losing millions of investor dollars before vanishing is set to appear
in court.
The U.S. attorney’s office in Savannah says 47-year-old
Aubrey Lee Price is due to appear before a federal judge in Brunswick
on Thursday. Price was arrested Tuesday during a traffic stop on
Interstate 95 in Brunswick.
Price had disappeared in June 2012
after sending a rambling letter to his family and acquaintances saying
he had lost millions of investment dollars and planned to kill himself.
A
Florida judge declared him dead about a year ago. But the FBI had said
it didn’t believe Price was dead and continued to search for him.
Prosecutors say Price raised $40 million from his bank and 115 investors, and lost much of the money.
Copyright 2014 The Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or
redistributed.
BRUNSWICK, Ga. (AP) — A south Georgia bank director accused
of losing millions of investor dollars before vanishing is set to appear
in court.
The U.S. attorney’s office in Savannah says 47-year-old
Aubrey Lee Price is due to appear before a federal judge in Brunswick
on Thursday. Price was arrested Tuesday during a traffic stop on
Interstate 95 in Brunswick.
Price had disappeared in June 2012
after sending a rambling letter to his family and acquaintances saying
he had lost millions of investment dollars and planned to kill himself.
A
Florida judge declared him dead about a year ago. But the FBI had said
it didn’t believe Price was dead and continued to search for him.
Prosecutors say Price raised $40 million from his bank and 115 investors, and lost much of the money.
Copyright 2014 The Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or
redistributed.

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