'Dead' Man Caught After 18 Months on the Run

Tinted car windows did Aubrey Lee Price in
By Kate Seamons,  Newser Staff
Posted Jan 2, 2014 8:13 AM CST
'Dead' Man Caught After 18 Months on the Run
In this June 2012 file photo released by the FBI, Aubrey Lee Price is seen in Key West, Fla.   (AP Photo/FBI)

Things that happened to banker Aubrey Lee Price in 2012: The FBI started looking for him, and he apparently convinced his family (and a judge) that he had offed himself. The convoluted case took a big turn on Tuesday, though, when a Dodge Ram was stopped in Brunswick, Ga., due to the heavy tint on its windows; the driver was arrested after police discovered he had multiple forms of ID featuring multiple photos, and he eventually revealed himself as Price, telling the sheriff, "Sit down. I'm going to make you famous," reports the Florida Times-Union.

Price was last spotted on June 16, 2012, when he was IDed as boarding a ferry in Key West that was headed for Fort Myers, Fla.; he was seen neither jumping from nor exiting the boat, but he essentially vanished. He had also recently purchased dive weights, and wrote a letter to family and regulators saying he had lost a great deal of money and planned to commit suicide, reports the Albany Herald. A Georgia judge declared him dead, but the FBI didn't believe that was the case. The following month, he was indicted, with prosecutors alleging that he defrauded a Georgia bank of $21 million by wiring money from the Montgomery Bank & Trust to accounts under his control in Florida, reports 11Alive. Per the indictment, Price controlled an investment group that put $10 million in to the failing bank in 2010; he was then put in charge of investing MB&T's capital. He's accused of covering roughly 18 months of embezzling that began in January 2011 by producing "bogus account statements" that appeared to show that the money was secured in an account at a large financial services firm. Price has a court appearance today, and faces up to 30 years in prison for the bank fraud charge. (More Aubrey Lee Price stories.)

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