Aubrey Lee Price
Nearly two years after a banker who vanished was wrongly declared dead, he was sentenced Tuesday to 30 years in prison as he faced angry investors who lost millions of dollars entrusted to the former preacher who turned his persuasive powers into a career as an investment adviser.
Eighteen months ago, former investment adviser Aubrey Lee Price was declared dead. On Thursday, Price — very much alive — stood before a judge and pleaded guilty in a fraud scheme that fueled a rural bank’s collapse and cost his investors tens of millions of dollars.
A former southeast Georgia banker accused of embezzling and losing $21 million of investors’ money, then vanishing for 18 months before he was arrested in a traffic stop, has agreed to settle his case with a plea deal, a federal prosecutor said Tuesday.
A former Georgia banker accused of stealing millions from investors before vanishing for 18 months pleaded not guilty Wednesday to federal bank fraud charges and agreed to remain jailed without bond pending trial.
A south Georgia bank director accused of losing millions of investor dollars before vanishing is set to appear in court.
A bank director accused of losing millions of investors’ dollars before vanishing last year was arrested Tuesday during a traffic stop in a city in south Georgia.
A South Georgia bank closed by federal regulators has a missing board member who’s accused of millions in fraud.