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Banker’s bizarre journey culminates with capture

Aubrey Lee Price, center, the South Georgia bank director and investment adviser accused of defrauding his bank and clients, is seen here in Acarigua, Venezuela in 2009. PHOTO CREDIT RICK SMITH.
Aubrey Lee Price, center, the South Georgia bank director and investment adviser accused of defrauding his bank and clients, is seen here in Acarigua, Venezuela in 2009. PHOTO CREDIT RICK SMITH.
By Arielle Kass
Jan 5, 2014

On New Year’s Eve three years ago, Aubrey Lee Price was hailed as the savior of a troubled small-town bank.

Two years later, on yet another New Year’s Eve, a court declared him dead. By then, his bank had failed. He lost perhaps $25 million of his investors’ money, including, apparently, his parents’. And his disappearance the previous June set off an international manhunt and made national headlines.

This New Year’s Eve, the indicted banker was found — alive — in an unlikely traffic stop in coastal Georgia. His dinged-up truck held a propane tank, a sleeping bag and fake IDs. Days later, in another twist, authorities in Florida said Price, who was once a minister, is suspected of growing more than 200 marijuana plants.

It’s a far fall for the 47-year-old Price, and those three New Year’s eves are like chapters in a bizarre financial thriller that seems to have no end.

Still to be discovered is where he spent the last 18 months and how much of the missing millions will ever be returned to battered investors.

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About the Author

Arielle Kass covers Gwinnett County for The Atlanta Journal-Constitution. She started at the paper in 2010, and has covered business and local government beats around metro Atlanta. Arielle is a graduate of Emory University.

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