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‘Dead’ banker’s bond hearing rescheduled

Raw: Captured Ga. banker has first court appearance
By
Jan 5, 2014

Savannah —- An arraignment and bond hearing for captured South Georgia bank director Aubrey Lee Price has been rescheduled to Wednesday in Statesboro, according to federal court records.

Price, 47, is accused of bank fraud involving the failed Montgomery Bank & Trust in tiny Ailey, Ga., 170 miles southeast of downtown Atlanta. He is separately under indictment in New York on a federal wire fraud charge.

The bond hearing was initially scheduled for Monday in Savannah.

Price, who was missing for 18 months after suggesting he was going to kill himself by jumping off a South Florida ferry boat, was captured on New Year's Eve. He was arrested near Brunswick following a traffic stop for having too much window tint on the vehicle he was driving. Authorities in Florida are also trying to determine if Price is involved in a marijuana grow house near the city of Ocala.

About the Author

J. Scott Trubey is the senior editor over business, climate and environment coverage at The Atlanta Journal-Constitution. He previously served as a business reporter for the AJC covering banking, real estate and economic development. He joined the AJC in 2010.

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