Missing Ga. bank director arrested in Brunswick

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Associated Press

Posted on December 31, 2013 at 5:04 PM

Updated Tuesday, Dec 31 at 5:05 PM

BRUNSWICK, Ga. (AP) — A south Georgia bank director accused of losing millions of investor dollars before vanishing last year has been arrested.

The U.S. attorney's office in Savannah says 47-year-old Aubrey Lee Price was arrested Tuesday during a traffic stop on Interstate 95 in Brunswick by members of the Glynn County Sheriff's Department.

Price disappeared in June 2012 after sending a rambling confession letter to his family and investors saying he planned to drown himself off the Florida coast.

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.

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