Missing banker sought in Fort Myers arrested in Georgia

CREATED Dec 31, 2013

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ATLANTA (AP) - A south Georgia bank director accused of losing millions of investors' 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.  

Price was last seen boarding a ferry in Key West bound for Fort Myers.




Prosecutors say Price raised $40 million from his bank and 115 investors, and lost much of the money.

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