47 Year Old Aubrey Lee Price, Missing Banker Presumded Dead Accused Embezzling $17-$21 Million Found Alive … Arrested After Routine Traffic Stop in Georgia
HIDING IN PLAIN SITE …
Fugitive, missing 47 year old Aubrey Lee Price, a former banker who was accused of faking his own death in 2012 to cover up the millions of dollars he stole in an investment scheme was found alive and arrested after a routine traffic stop on Interstate 95 in Brunswick, Georgia. Aubrey Lee Price was last seen in Key West, FL on June 16, 2012, when he boarding a ferry for Fort Myers after telling acquaintances in a letter that he had lost a large amount of money in his trading and planned to kill himself by jumping overboard. Unbelievably, after all this time on the lam, Aubrey Lee Price was arrested after being pulled over by a police officer because his windows were too darkly tinted. Price is scheduled to make his initial appearance at 10 a.m. in U.S. District Court in Brunswick.
A former banker accused of faking his own death in 2012 to cover up the theft of millions of dollars has been arrested after a traffic stop in Georgia, authorities said.
Aubrey Lee Price, 47, was arrested on Tuesday after Glynn County sheriff’s deputies stopped him on Interstate 95 in Brunswick, Ga., and discovered his identity, NBC station WXIA of Atlanta reported. Heavily tinted windows in a 2006 Dodge Ram pickup truck were his downfall, according to the Florida Times-Union.
Price was wanted in connection with an investment scheme in New York in which he is alleged to have stolen millions between January 2011 and January 2012, the FBI said. He was accused of moving $21 million into accounts to hide his thefts and losses from investments and trading when he was a director of a southern Georgia bank.
FBI Indictment: Indicted him on wire fraud and securities fraud charges.
Old Aubrey Lee Price – Before
Old Aubrey Lee Price – Now
CNN: Georgia banker who allegedly embezzled $17 million captured after years on lam.
Yet a Glynn County, Georgia, sheriff’s office website showed that he was booked Tuesday and is being “held for federal authorities on a charge of giving a false name, address or birth date to a law enforcement officer.” Officer Kay Jones said that Price was being held for federal marshals.
UPDATE I: Atlanta Journal Constitution - Fugitive Ga. banker due in court today.
Aubrey Lee Price, the South Georgia bank director accused of defrauding his clients and faking his death, is scheduled to make his first appearance before a judge on Thursday, about 48 hours after a simple traffic stop ended his 18 months on the run.
Price, 47, is scheduled to make his initial appearance at 10 a.m. in U.S. District Court in Brunswick.
Price was indicted in July 2012 of embezzling $21 million from Montgomery Bank & Trust, a small bank in tiny Ailey, Ga. MB&T was a bank Price and his investor clients came to save, but which later failed after his alleged fraud was uncovered. He was also accused of bilking investors in his money management business of many millions more.