Huffpost Crime

Banker Aubrey Lee Price In Court After Being Accused Of Losing Millions

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FILE In this June 2012 file photo released by the FBI, Aubrey Lee Price is seen in Key West, Fla. Price disappeared in June. He sent notes to his family saying he planned to board a ferry from Key West and jump to his death. In a rambling confession investigators believe Price wrote, he claims responsibility for his firm's losses. A Florida ferry owner is casting doubt on suspicions that a missing Georgia banker drowned himself after leaving a letter about millions in financial losses. (AP Photo
FILE In this June 2012 file photo released by the FBI, Aubrey Lee Price is seen in Key West, Fla. Price disappeared in June. He sent notes to his family saying he planned to board a ferry from Key West and jump to his death. In a rambling confession investigators believe Price wrote, he claims responsibility for his firm's losses. A Florida ferry owner is casting doubt on suspicions that a missing Georgia banker drowned himself after leaving a letter about millions in financial losses. (AP Photo

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.mug shot banker

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